A good management and control of the societies in general is essential for their successful functioning and for that purpose the Government has been aiding them with trained and experienced personals and also with financial assistance. The management having no fear of evaluation of their works and checking of their accounts by some independent agencies might go reckless and the interest of the society might be affected adversely. With this objective in view audit of each Co-operative society at least once in each year has statutorily been provide. The importance of Co-operative audit is.
