Page 28 - AQAR Report

o Comprehensive o Comprehensive
counseling o Financial counseling o Financial
support to participate in support to participate in
the events. o Wellness the events. o Wellness
programs to improve focus programs to improve focus
and time-management. o and time-management. o
Transport facilities Transport facilities
governed under university governed under university
contract. o Availability contract. o Availability
of gymnasium, sports and of gymnasium, sports and
recreation centers on- recreation centers on-
campus. o Provision of campus. o Provision of
laptops at subsidized laptops at subsidized
rates to the students to rates to the students to
facilitate online facilitate online
learning o Faculty of learning o Faculty of
Management Studies Management Studies
arranged for door-to-door arranged for door-to-door
delivery of necessary delivery of necessary
books for the students o books for the students o
Facilitating safe Facilitating safe
transport of students transport of students
residing in nearby residing in nearby
accommodations to their accommodations to their
homes during the homes during the
pandemic. pandemic.

6.4 – Financial Management and Resource Mobilization
6.4.1 – Institution conducts internal and external financial audits regularly (with in 100 words each)
CHARUSAT works with the values of Honesty, Integrity, and Transparency. It has
adopted a system to draw a yearly financial budget. Accordingly, every quarter
the budget is reviewed with actuals in the financial committee’s meeting.
Variances are drawn and actions are taken to minimize the negative variance.
Records are kept in the soft as well as hard copies. Internal as well as
external audits are being carried out by professionals (CAs). Effective
controls are also set. It is also following the Makers-checkers’ concept. Final
accounts are prepared by following accounting principles.

6.4.2 – Funds / Grants received from management, non-government bodies, individuals, philanthropies during the
year(not covered in Criterion III)

Name of the non government Funds/ Grnats received in Rs. Purpose
funding agencies /individuals
NIL 0 0
View File

6.4.3 – Total corpus fund generated

399689475

6.5 – Internal Quality Assurance System
6.5.1 – Whether Academic and Administrative Audit (AAA) has been done?
Audit Type External Internal

Yes/No Agency Yes/No Authority

Academic Yes Individual Yes IQAC CHARUSAT
External