NAGAR PALIKA KAPREN, DISTT. BUl-- J (RAJ.)

STATEMENT OF AFFAIRS A8 ON 8lBT MARCH, %OW

SAMlR M. SHAH 8 ASSOCIATES CHARTERED ACCOUNTANTS

"HEAVEN", 8, WESTERN PARK SOCIETY NR. INDUCTOTHERM, BOPAL, AHMEDABAD - 380058

Phone no.:- +91-7622012032 E-mail:- info@smshah.co.in

INDEPENDENT AUDITOR'S REPORT

To Executive Officer, Nagar Paiika Kapren, Dist Bundi.

We have audited the accompanying financial statements of Nagar Palika Kapren, which comprise the Balance Sheet as at March 31,2017 and the Income & Expenditure Account for the year then ended, and a summary of significant accounting policies and other explanatory information.

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~ana-eritk responsible for the prepamtiorv$these 5ancial statements that give a true and fair v i ~ Of the financial position end ftnan~@~$rfdhnan~ ~f the ULB in accordance with the Rajasthan Municipal Accounts Manual. ' IXs responsibility Mudcs the design, implementation and mainteuance of internal control relev& to the prepadon of the financial statements that are free ftom material misstatement, . . . due to fraud or &.

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Our re~~pmibility is to express G6pinion on these financial statements based on our audit. We conduded, OW audit in accotdaii&e *th the Standards on Auditing issued by Institute of Chartered Acwmtants of India Those Stendards require that we comply with ethical requirements a n d . p ~ & ~ & $ & ~ the audit to obtain reasonable assumme about whether the financial statemefib ate frec fMm material misstatement

An audit involves performing p d m to obtain audit evidence about the amounts and disclosures in the financial stateme&. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the fmancial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the ULB's preparation and fair presentation of the financial statements in ader to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the ULB's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the f a c i a l statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.