Foundation of Trust
Audit is not just a statutory requirement — it is the cornerstone of athlete and stakeholder trust. Every rupee entrusted to GCR is accounted for with the highest diligence.
Transparency
All financial transactions, procurement, and resource allocation are documented and open to scrutiny.
Accountability
Every official is answerable for funds, decisions, and outcomes under their jurisdiction.
Compliance
Strict adherence to the Rajasthan Sports Council norms, Income Tax regulations, and FCRA guidelines.
Integrity
Zero-tolerance policy towards financial irregularities, misreporting, or unethical conduct.
Areas Under Review
Our audit framework covers every facet of GCR operations, ensuring no area is left unexamined.
Financial Audit
Annual verification of income, expenditure, bank reconciliations, and statutory compliance.
Procurement Audit
Review of equipment purchases, venue contracts, and vendor selection processes.
Event Audit
Assessment of championship budgets, prize money distribution, and participant fee utilization.
Compliance Audit
Verification of registrations, affiliations, tax filings, and legal documentation.
Performance Audit
Evaluation of program outcomes, athlete development metrics, and fund utilization efficiency.
Grant Audit
Tracking and reporting of government grants, sponsorships, and donor funds.
District Audit
Annual financial and operational review of all 50 district associations.
Social Audit
Community feedback, stakeholder consultations, and public disclosure of activities.
Audit Lifecycle
Planning
Define audit scope, objectives, and timeline based on statutory requirements and risk assessment.
Data Collection
Gather financial statements, receipts, bank statements, contracts, and supporting documents.
Verification
Cross-verify records with physical stock, bank confirmations, and third-party confirmations.
Draft Report
Prepare preliminary findings with observations, non-compliances, and recommendations.
Management Response
Share draft with concerned officials for explanations, corrective actions, and feedback.
Final Report
Publish audited statements with management responses and action-taken status.
GCR Audit by the Numbers
Our commitment to transparency and accountability reflected in data.
Audit Reports
All audit reports are published here for public viewing in line with our transparency commitment.
Annual Financial Audit
CompletedComprehensive audit of all income, expenditure, and assets for the financial year 2024-25.
State Championship Audit
CompletedAudit of the 3rd Rajasthan State Grappling Championship budget and fund utilization.
District Grant Utilization
CompletedReview of grants disbursed to 50 district associations and their utilization certificates.
FCRA Compliance Review
CompletedForeign contribution receipt and utilization verification under FCRA 2010.
Inaugural Year Audit
CompletedFirst statutory audit covering committee formation, initial fund raising, and setup costs.