Para 2.4.13 — MSO (Audit)
Original Rule Text
2.4.13 The procedure prescribed by the Comptroller and Auditor General for the raising and pursuance of audit objections in relation to expenditure shall generally apply in respect of objections on any accounts of stores and stock. Where necessary, separate rules of procedure shall be laid down by the Accountant General with the concurrence of the Government.
- Chapter–5 Audit of Commercial Accounts
- Audit Mandate
What This Means
The same procedure used for raising and pursuing audit objections on expenditure also applies to stores and stock audit objections. This ensures consistency in how irregularities are documented, tracked, and resolved. However, if the standard procedure does not fit the unique aspects of stores audit, the Accountant General can establish separate procedural rules with the Government's agreement.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Expenditure audit objection procedures apply to stores audit
- 2Ensures consistency across all types of audit objections
- 3Separate rules can be created where standard procedures do not fit
- 4Separate rules require concurrence of the Government
- 5AG has flexibility to adapt objection procedures for stores-specific needs
Practical Example
During stores audit, auditors find a shortage of 500 bags of cement in a PWD division stores. They raise an audit objection following the standard expenditure objection procedure: documenting it in the inspection report, registering it in the objection book, and tracking its resolution. However, since stores shortages require physical investigation, the AG establishes an additional procedure requiring a departmental inquiry report before the objection can be settled.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What kind of separate rules might be needed for stores audit?▼
Why does the Government need to concur with separate rules?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.