The objectives of Local Fund Audit are to ensure legality, regularity,propriety, economy, efficiency and effectiveness of financial management and administrations mainly through assessment as to Financial audit, Compliance audit and Performance audit. The objective of Local Fund Audit is to conduct Efficiency-cum-Performance audit  with a view to ascertain whether  the various schemes are run economically, whether they are actually yielding the results expected of them and  have assumed the importance. Examination would focus on aspects such as inefficient handling, lack of foresight, expensive delays and wasteful expenditure due to lack of coordination.  All audit under taken by the DLFA or on his behalf, shall be as per the provisions contained in the Kerala Local Fund Audit Act 1994.