Expression of Interest for Audit of Provident Funds
This file contains an invitation for Expression of Interest for empanelment of Chartered Accountant firms for auditing exempted Provident Fund Trusts. It outlines the responsibilities of auditors and important dates for the submission process. Stakeholders including firms and organizations involved in provident funds will find this document highly relevant.
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To fill out this form, start by gathering all necessary documents as outlined in the instructions. Ensure that all required fields are accurately completed with the required information. Review your entries before submission to avoid errors and omissions.
How to fill out the Expression of Interest for Audit of Provident Funds?
1
Read the instructions provided carefully.
2
Gather all supporting documents required.
3
Complete all the fields in the form accurately.
4
Review the filled form for any errors.
5
Submit the form before the deadline specified.
Who needs the Expression of Interest for Audit of Provident Funds?
1
Chartered Accountant firms looking for audit engagements.
2
Employers who manage exempted Provident Funds.
3
Trusts seeking compliance with audit requirements.
4
Organizations needing to ensure proper fund management.
5
Government agencies overseeing provident fund regulations.
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What are the instructions for submitting this form?
To submit this form, please send it via email to ro.gurgaon@epfindia.gov.in or fax it to 0124-2578747, 634. The submission deadline is December 1, 2021, at 11:00 AM, so ensure you send it well in advance. Additionally, physical submissions can be made to the Regional Provident Fund Commissioner at Plot No. 43, Sector-44, Gurgaon- 122003, Haryana.
What are the important dates for this form in 2024 and 2025?
Important dates for the form submission include the availability of the Tender Form on November 23, 2021, and the last date for submission by December 1, 2021, at 11:00 AM. The opening of tender proposals is scheduled for December 2, 2021, after 3:00 PM. Keep these dates in mind to ensure timely submissions.
What is the purpose of this form?
The purpose of this form is to invite Chartered Accountant firms to express their interest in conducting audits for exempted Provident Funds. By outlining the requirements and responsibilities, the form aims to streamline the selection process for auditing entities. This ultimately enhances compliance and accountability in managing Provident Funds.
Tell me about this form and its components and fields line-by-line.
- 1. Contact Information: Includes the auditor's name, phone number, and email address.
- 2. Firm Details: The name and registration number of the Chartered Accountant firm.
- 3. Experience Summary: Overview of the firm's relevant auditing experience.
- 4. Declaration: A statement confirming the firm's compliance with the required standards.
- 5. Signature: The authorized signatory's signature confirming the submission.
What happens if I fail to submit this form?
Failing to submit this form can lead to non-compliance with regulatory requirements for auditing your Provident Funds. This could result in penalties or a lack of qualified auditors for your funds.
- Regulatory Penalties: Non-compliance may lead to financial penalties imposed by regulatory authorities.
- Increased Scrutiny: Failure to submit can attract increased scrutiny from compliance officers.
- Lack of Audit Coverage: Not submitting means your funds might go un-audited, affecting trust and transparency.
How do I know when to use this form?
- 1. Audit Engagement: To engage a firm for auditing exempted Provident Funds.
- 2. Compliance Check: To maintain compliance with statutory requirements for fund audits.
- 3. Trust Management: For effective management of Trusts requiring regular audits.
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