"The auditing process of assets of the temple has started and we want to complete the task as quickly as possible', Rai, who was assigned by the Supreme Court, said in a statement.
The assets would be examined and a report would be submitted to the apex court, he said.
Secretary to Special Audit Authority, former IAS officer and Labour Commissioner K S Preamchandra Kurup is included in the team.
Rai, who arrived here on Sunday evening, also held discussions with the five-member temple managing committee appointed by the apex court.
The Court had also appointed a five-member management committee, headed by Additional District Judge for the administration of the shrine, virtually decontrolling its control from the erstwhile Travancore royal family.