Para 4.3.15 — MSO (Audit)
Original Rule Text
4.3.15 It should be seen in audit that only such disbursements and receipts which cannot be accounted for in any other schedule prescribed under Articles 213 to 224 of the Account Code, Volume III, have been noted in this schedule. It should further be ensured that no transactions have been accounted for under the final or debt head except under the authorisation of the Accountant General (A&E) as prescribed in Article 225 of the Account Code, Volume III.
# Schedule of Debits/Credits to Remittances
What This Means
This schedule is a catch-all for transactions that do not fit into any other prescribed schedule (Articles 213 to 224 of Account Code Volume III). The auditor must verify that only genuinely miscellaneous items are included here — transactions that can be classified under other schedules should not appear here. Additionally, no transaction should be booked under a final or debt head without the AG (A&E)'s authorization as prescribed in Article 225.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Only transactions not classifiable under any other schedule belong here
- 2Audit must verify no transaction can be classified under Articles 213-224 schedules
- 3No debits/credits to final or debt heads without AG (A&E) authorization
- 4Article 225 of Account Code Volume III governs authorization for final head entries
Practical Example
The auditor reviewing the Miscellaneous Heads schedule finds an entry for Rs 3 lakh receipts from sale of old materials. She checks whether this should have been recorded in the Schedule of Revenue Receipts or the Schedule of Works Expenditure (as a reduction of expenditure) instead. Finding that old material sales have a specific classification under another schedule, she raises an objection about incorrect classification. She also finds Rs 1 lakh debited directly to a final expenditure head without AG (A&E) authorization and flags this as a violation of Article 225.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why is it important to prevent misuse of the miscellaneous schedule?▼
What is the role of AG (A&E) authorization for final head entries?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.