Para 3.11.1 — MSO

3.11.1 The main objectives of audit of deposits are to ensure that:

(i) funds are not diverted from the Consolidated Fund and unnecessarily accumulated in deposits, thus affecting the basic discipline of budgetary control;

(ii) deposit accounts are opened only when necessary and strictly according to the prescribed rules and regulations; and

(iii) credits to, withdrawals from and closure of deposit accounts are supported by the necessary documents and strictly conform to the rules and regulations.