It is being said that notification of the draft of the Kerala cooperative societies rules has not made things any easier for the auditing of the cooperative bodies in the state. There is general belief in the cooperative circles that the issue of auditing still remains problematic.
Sources say especially the idea to involve retired auditors has created confusion. The lack of accountability is what makes the idea of hiring retired auditors flawed, sources add.
It is worth mentioning that the Registrar of Cooperative Societies had earlier claimed that in case of audit done by retired auditors, the official concerned approving the audit would be accountable. But there is absolutely no mention of it in the draft rules.
According to the new draft rules, there is a clear confusion on the time plan of the completion of the audit process and the preparation of the audit report for approval by the general body meeting of the societies.