VIGNAN'S INSTITUTE OF MANAGEMENT AND TECHNOLOGY FOR WOMEN
...

VIGNAN'S INSTITUTE OF MANAGEMENT AND TECHNOLOGY FOR WOMEN

An Autonomous Institution, Approved by AICTE and Affiliated to JNTUH
Counselling Codes
ECET / EAMCET-VMTW
PGECET-VMTW1

COMMITTEES



Internal Audit Committee

A Committee consisting of the following members is hereby constituted as “Internal Audit Committee"

S.No Name of Committee Member Designation Position
1. Dr.G.Apparao Naidu Principal Chairman
2. Sri.B.Shravan Chief Executive Officer Member
3. Mr. G. Durga Prasad Internal Auditor Member
4. Mrs.V.Rajitha Head of Accounts-VMTW Member
5. Mr.Chandra Shekar Accountant-VMTW Member
6. Dr.T.Srinivasulu Dean-Administration Member

Roles & Responsibilities :

1.Ensuring the organization's financial statements is understandable and reliable.
2.Ensuring the organization establishes a thorough risk management process and effective internal controls.
3.Reviewing the organization's policies, particularly in areas such as ethics, conflict of interest and fraud.
4.Reviewing the organization's litigation and regulatory proceedings.
5.To monitor and manage the budget estimation relating to the Income from fees collected and other grants received.
6.To manage the annual budgets and utilization reports submitted by the individual departments
7.Audited account for the above and Department level Financial Delegation


Term : Two years and shall continue to be in force until reconstruction.
Meetings : Once in a Year, the meeting may be scheduled as and when necessary.