The audit officer shall, within a week from the date of completion of audit, submit to the registered co-operative society, and to the Registrar, together with the statement of accounts audited, an audit report including a statement of -
(i) every transaction which appears to him to be contrary to law or to the rules or bye-laws;
(ii) every sum which ought to have been but has not been brought into account;
(iii) the amount of deficiency or loss which appears to have resulted from any negligence or misconduct or to require further investigation;
(iv) any money or property belonging to the co-operative society which appears to have been misappropriated or fraudulently retained by any person;
(v) any of the assets which appears to him to be bad or doubtful;
(vi) any irregularity in maintaining accounts;
(vii) whether the society is properly carrying out its objects and obligations towards its members;
(viii) whether sound business principles and prudent commercial practices are being followed;
(ix) application of prudential norms, etc; and
(x) any other relevant matter.