(1)Every multi state cooperative society shall keep books of accounts (a) all sums of money received and expended and the matters in respect of which the receipt and expenditure take place; (b) all sales and purchase of goods; (c) the assets and liabilities; (d) in the case of a multi state cooperative society engaged in production, processing and manufacturing, particulars relating to materials or other items of costs as may be specified in the bye-laws of such a society.(2) The audit report of multi state cooperative society under sub-section (1) include, in addition to the matters specified in sub-section hat section, the following particulars: (a) Whether the auditor has obtained all the information and explanations which, to the best of his knowledge and belief are necessary for the purposes of his audit; (b) Whether in his opinion proper books of accounts as specified in these rules and bye-laws have been kept by the  cooperative society so far as it appears from the examination of those books and proper returns adequate for the purposes of his audit have been received from the branches not visited by him; (c) Whether the balance-sheet and profit and loss account exhibit a true and fair view of the state of affairs of the multi state cooperative society according to best of his information and explanation given to him and as shown by the books of the multi state cooperative society; (d) Whether there has been any material impropriety or irregularity in the expenditure or in the realization of money due to the multi state cooperative society; and (e) Whether in case of a cooperative bank, the guidelimo by the Reserve Bank and National Agriculture arc Development Bank established under the National and Rural Development Bank Act, 1981 ha adhered to. (3) The audit report shall also contain schedules with particular(a) all transactions which appear to be contrary to the Act, the rules or the bye-laws of the multi state society (b) all transactions which appear to be contrary to the issued by the Reserve Bank and National Agriculture Development Bank; (c) any money belonging to the multi state cooperative societies which appears to the auditor to be bad or doubtfulness; (d) the loans given by the multi state cooperative society. Members of the Board; (e) any violation of guidelines, conditions, etc. Reserve Bank of India or National Agriculture is. Development Bank by any co-operative bank; (f) any other matter as may be specified by the Central in this regard.