Printer Friendly

Senate passes Auditor General's (Functions,Powers,Terms and Conditions of Service) Ordinance (Amendment) Bill 2017.

ISLAMABAD -- The Senate on Monday unanimously passed Auditor General's (Functions, Powers, Terms and Conditions of Service) Ordinance (Amendment) Bill 2017.

Minister of State for Finance and Economic Affairs Rana Muhammad Afzal Khan moved the bill. The proposed amendments would enable the department of Auditor General of Pakistan to fulfill its constitutional responsibilities in an efficient and effective manner.

According to the statement of objects and reasons, a number of amendments have been necessitated in the Auditor General's

(Functions, Powers, Terms and Conditions of Service) Ordinance after the passage of 18th Amendment of Constitution of Islamic Republic of Pakistan. In addition to this, the latest trends in the field of auditing and resultant reforms also require amendment in the AGP's Ordinance 2001 in order to bring the organization at par with other supreme audit institutions globally.

Amendment of section 2 (Ordinance xxIII of 2001: A new clause has been inserted namely (aa) 'appropriation accounts' means relating to expenditure brought into account during a financial year to several items specified in the schedules of authorized expenditures authenticated under article 83 , or as the case may be, Article 123 of the constitution of the Islamic Republic of Pakistan. (ab) audit includes regularity audit information technology audit, environmental audit, forensic audit, performance audit, management audit, special audit and any other kind of audit, report or analysis deemed appropriate by Auditor General.

COPYRIGHT 2018 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Balochistan Times (Baluchistan Province, Pakistan)
Geographic Code:9PAKI
Date:Jan 23, 2018
Words:269
Previous Article:USPCAS-W inks MoU with WWF.
Next Article:Hygiene check: RCB imposed Rs 180,000 fines on food outlets.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters