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28

Audit

Act: Baluchistan Irrigation and Drainage Authority Ordinance 1997

Section Provisions

ORDINANCE I OF 1997 ORDINANCE I OF 1997 BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ORDINANCE, 1997 CHAPTER‑V FINANCE 28. Audit.‑‑(1) The Authority shall have a double audit system. (2) The financial statement of the Authority shall be audited every year by the Accountant‑General of the Province as well as by the commercial auditors who shall be appointed by the Authority. (3) The Auditor shall carry out the audit in accordance with the professional standards of Authority prescribed by the Pakistan Institute of Chartered Accountants, and shall issue a report on the audit. (4) The Authority shall provide a copy of the Audit .Report and Financial Statements together with detailed information and explanation in regard to any observation, reservation qualification or advance remarks contained in the Auditor's Report to the Government, and shall file a copy with the Accountant‑General the Province within 30 days of the period stipulated for their preparation in section 27. The Authority shall carry out all reasonable directives issued by the Government for compliance with any observation, reservation, qualification or adverse remarks in the Audit Report.