&(57,),&$7(2)7+( &203752//(5$1'$8',725*(1(5$/2),1',$ This compilation containing the Finance Accounts of the Government of Tamil Nadu for the year ending 31 March 2021 presents the financial position along with accounts of the receipts and disbursements of the Government for the year. These accounts are presented in two volumes, Volume I contains the consolidated position of the state of Finances and Volume II depicts the Accounts in detail. The Appropriation Accounts of the Government for the year for Grants and Charged Appropriations are presented in a separate compilation. The Finance Accounts have been prepared under my supervision in accordance with the requirements of the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) Act, 1971 and have been compiled from the accounts rendered by the treasuries RIILFHV and departments responsible for the keeping of such accounts functioning under the control of the Government of Tamil Nadu and the Statements received from the Reserve Bank of India. Statements 1R 8, 9, 19, 20, explanatory notes to Statements 14, 15 and Appendices VIII and IX in this compilation have been prepared directly from the information received from the Government of Tamil Nadu/Corporations/ Companies/Societies who are responsible to ensure the correctness of such information. The treasuries, offices, and/or departments functioning under the control of the Government of Tamil Nadu are primarily responsible for preparation and correctness of the initial and subsidiary accounts as well as ensuring the regularity of transactions in accordance with the applicable laws, standards, rules and regulations relating to such accounts and transactions. I am responsible for preparation and submission of Annual Accounts to the State Legislature. My responsibility for the preparation of Accounts is discharged through the Office of the Accountant General (Accounts & Entitlements) 7DPLO 1DGX. The audit of these accounts is independently conducted through the Office of the Principal Accountant General (Audit-I) 7DPLO 1DGX in accordance with the requirements of Articles 149 and 151 of the Constitution of India and the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) Act 1971, for expressing an opinion on these accounts based on the results of such audit. These offices are independent organizations with distinct cadres, separate reporting lines and management structure. The audit was conducted in accordance with the Auditing Standards generally accepted in India. These Standards require that we plan and perform the audit to obtain reasonable assurance that the accounts are free from material misstatement. 7KH audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. On the basis of the information and explanations that my officers required and have obtained and according to the best of my information as a result of test audit of the accounts and on consideration of explanations given, I certify that, to the best of my knowledge and belief, the Finance Accounts read with the explanatory ‘Notes to Accounts’ give a true and fair view of the financial position and the receipts and disbursements of the Government of Tamil Nadu for the year 2020-21. Points of interest arising from study of these accounts as well as test audit conducted during the year or earlier years are contained in my )LQDQFLDO &RPSOLDQFH DQG 3HUIRUPDQFH $XGLW Reports on the Government of Tamil Nadu being presented separately for the year ended 31 March 2021. (PSKDVLVRI0DWWHU I ZRXOG draw attention to the following VLJQLILFDQW issues, which are important from the SRLQW RI view of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ate: 18th February 2022  *LULVK&KDQGUD0XUPX Place: New Delhi Comptroller and Auditor General of India