Para 3.16.7 — MSO (Audit)
Original Rule Text
3.16.7 In order to ensure that the submission of the annual accounts is not delayed, it will be necessary to take up scrutiny of the materials forming the basis of the final accounts sufficiently in advance. To facilitate this process, monthly preparation and check of Appropriation Accounts has been introduced. Annexure-1 contains brief details of the procedure followed for the audit and certification of the Finance Accounts and Appropriation Accounts (Civil) of the Union Government. A similar procedure may be evolved locally by mutual consultation between the Accountants General (A&E) and Accountants General (Audit) and between the Accountants General (Audit) and other accounting authorities who compile the accounts of the State Government of Goa and Union Territory of Pondicherry, for scrutiny of the Finance Accounts and Appropriation Accounts of State and Union Territory Governments.
What This Means
To avoid delays in submitting annual accounts, audit offices should begin scrutinising the underlying materials well in advance, not wait for the final compiled accounts. Monthly preparation and checking of Appropriation Accounts has been introduced for this purpose. Annexure 1 describes the Union Government procedure in detail. State-level AG offices should develop similar local procedures through mutual consultation between the AG (A&E) and AG (Audit).
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Begin scrutiny of account materials well before final compilation to avoid delays
- 2Monthly preparation and check of Appropriation Accounts is now standard practice
- 3Annexure 1 details the Union Government audit and certification procedure
- 4State-level offices should develop parallel procedures through AG-to-AG consultation
- 5Goa and Pondicherry follow adapted procedures between AG (Audit) and their accounting authorities
Practical Example
Instead of waiting until June for the final Finance Accounts, the AG (Audit) office in Karnataka starts reviewing monthly Appropriation Account statements from April itself. By the time the AG (A&E) compiles the final annual accounts, most discrepancies have already been identified and resolved, allowing certification to proceed without delays.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why was monthly checking of Appropriation Accounts introduced?▼
Who decides the procedure for state-level audit of accounts?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.