Both. Regulation 22(4) states audit checks cover regularity (compliance with rules) as well as assertions like completeness, proper measurement, and valuation — which help identify inefficiency and waste.
Source: REG_AUDIT Regulation 22
Both. Regulation 22(4) states audit checks cover regularity (compliance with rules) as well as assertions like completeness, proper measurement, and valuation — which help identify inefficiency and waste.
Source: REG_AUDIT Regulation 22
This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.