Friends, The submission made here are of renowed Chartered Accountant Shri Dharmendra Bhandari in his famous Book "What have you done with our Money" and Acknowledged and Foreward by Legendry Shri Nani Palkhivala. Instances are not wanting of collosal waste and misappropriation of Public Funds and are reported but no action taken, inspite of being a serious offence. Hardly a moment passes without a common Man of India being a mute witness to the collosal waste in the utilisation of his money by the Govt. The poor of India endure such inhumane conditions as would normally lead to a revolution in any other country. The rich endure foolish Laws, maddening amendments and instinctively prefer to circumvent the Laws than to fight for their repeal. The Role of Audit assumes special significance in the Indian context because of extensive spen...