30. Auditing of accounts

whether the conduct of the affairs of the finance company has been in accordance with the laws for the time being in force relating to the conduct of finance business by finance companies and rules and directions issued by the Board;

whether records relating to the acceptance of deposits and maintaining of accounts are satisfactory;

whether the accounting systems, procedures, books, records and other documents have been properly and adequately designed from the point of view of financial control purposes and from the point of view of the presentation of information to enable continuous evaluation of the activities of the finance company and whether such systems, procedures, books, records and other documents are in effective operation;

whether the accounts audited have been so designed as to present a true and fair view of the affairs of the finance company in respect of the period under consideration due regard being had to principles of accountancy, financing and valuation.