22
Audit and accounts
Act: Balochistan Institute of information Technology and Management Sciences Ordinance 2002
Section Provisions
BALOCHISTAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT SCIENCES ORDINANCE, 2002 BALOCHISTAN INSTITUTE OF INFORMATION TECHNOLOGY AND MANAGEMENT SCIENCES ORDINANCE, 2002 ORDINANCE X OF 2002 An Ordinance to provide for the establishment of Balochistan Institute of Information Technology and Management Sciences at Loralai. [Gazette of Balochistan; Extraordinary, 18th July, 2002] No. Legis: 1‑130/Law/2001, dated 18‑7‑2002. The following Ordinance made by the Governor of Balochistan on 8th July, 2002, is hereby published for general information: 22. Audit and accounts.‑‑‑(1) The accounts of the Institute shall be Maintained in such form and manner as may be determined by the Board. (2) The accounts of the' Institute shall be audited each year within four months of the closing of the financial years of the Institute by the Chartered Accountant to be appointed by the Board. (3) The accounts of the Institute shall, together with the report of the auditor thereon, be submitted, for approval of the Board. (4) The auditor's report shall certify that the auditor has complied with the standards of audit and certification laid down by the Institute of Chartered Accountants of Pakistan. (5) Each campus of the Institute shall have a separate fund and the accounts of such fund and the accounts of such fund shall be maintained and audited on similar lines as the fund of the Institute.