Para 3.11.12 — MSO (Audit)
Original Rule Text
3.11.12 The Accountant General (Audit) shall determine whether or not the audit of initial accounts should be conducted and also whether such audit should be conducted locally in the office in which the detailed accounts are maintained or centrally in the A&E Office where the detailed monthly accounts of lump sum deposits/withdrawals are received along with the supporting challans/vouchers. If he decides that this audit need not be undertaken by him on the ground that the money involved belongs to a local fund or a private fund not administered by a government servant or for any other reason, the Government may entrust audit of the initial accounts to another recognized authority like the Examiner, Local Fund Accounts, or a qualified auditor.
- Other Deposit Accounts
What This Means
The Accountant General (Audit) decides whether initial accounts of Personal Deposits need to be audited and whether such audit should happen locally (where the detailed accounts are kept) or centrally in the A&E Office. If the AG (Audit) determines that audit is not needed -- for example, because the money belongs to a local fund or a private fund not managed by a government servant -- the government may assign the audit to another recognised authority like the Examiner of Local Fund Accounts or a qualified auditor.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1AG (Audit) decides whether to audit initial accounts of Personal Deposits
- 2Audit can be local (at the office maintaining detailed accounts) or central (at A&E Office)
- 3Audit may be waived for local funds or private funds not administered by government servants
- 4If waived, government may assign audit to the Examiner of Local Fund Accounts or a qualified auditor
Practical Example
A Personal Deposit Account holds funds belonging to a local municipal body. The AG (Audit) determines that since the money is a local fund, CAG audit is not necessary. The State Government then assigns audit responsibility to the Examiner of Local Fund Accounts, who conducts the audit of these initial accounts.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Who decides whether Personal Deposit initial accounts should be audited by CAG?▼
What happens if the AG (Audit) decides not to audit?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.