INTERNAL AUDIT OF DELHI SCHOOL OF MANAGEMENT AND SUGGESTING FRAMEWORK ON MAINTENANCE OF FINANCIAL RECORDS

Abstract

Delhi School of Management (DSM) was established in 2009 with Delhi College of Engineering (DCE) acquiring a University status, being officially renamed as Delhi Technological University (DTU) through a legislature passed by the Delhi State Assembly. DSM envisages at developing distinctive future managers, keeping up with the tradition of DCE (and now DTU) by providing excellent world class education. DSM was established with a vision of inculcating a penchant for innovation, research, and experimentation in the aspiring managers. DSM aims at extending the seven-decade long legacy of DCE by incubating and developing techno-managers, who are adept at identifying pertinent and critical business problems and apply their technical skills and competencies in solving those issues. In order to train its students to face the challenges of an information and knowledge driven work environment, DSM provides them with the Triple E: Education, Experience and Exposure. DSM strives to inculcate in its students the managerial competence through specialized knowledge and skills, while simultaneously empowering their minds through quality teaching, consultancy, and other professional services in order to fulfill its role of a vibrant and model institution capable of imparting quality education in the area of Management Studies. DSM envisions at developing a knowledge society by providing equitable access to the masses and broadening the span of their participation in the areas of higher education.