As an auditor of Star Ltd., a company covered under Section 135 of the Companies Act, 2013, what matters should auditor verify to ensure that proper…

As an auditor of Star Ltd., a company covered under Section 135 of the Companies Act, 2013, the auditor should verify the following matters to ensure that proper disclosures regarding Corporate Social Responsibility (CSR) activities is made in “Additional Information” to notes to account are: (i) amount required to be spent by the company during the year. (ii) amount of expenditure incurred. (iii) shortfall at the end of the year. (iv) total of previous years shortfall. (v) reason for shortfall. (vi) nature of CSR activities. (vii) details of related party transactions, e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard. (viii) where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year should be shown separately.