The Comptroller and Auditor General to the Local Auditor, A.C.
100808
¡RECEIVED
1
No 59.
(REGD? 17 JUN 93)
Exchequer and Audit Dept
19th May, 1893.
Sir,
I am directed by the Comptroller and Auditor General to acknowledge the receipt of your letter of the 22nd March last, in which you transmit a copy of the joint Report of yourself and the Director of Public Works upon future procedure as regards accounting for Works Expenditure at Kow Kong.
2.
The Comptroller and Auditor General is glad to find that it is practicable to arrive at and to levy a percentage charge for freight and other outgoings incidental to the acquisition of stores. This should cause the local records of issuing values of the respective items of stock to stand in the Store Ledgers at, virtually, cost price; and it should assist in establishing a trustworthy basis for the expenditure on Works Items, quâ materials.
The Comptroller and Auditor General notes that the concurrent loading of purchases of stores with these incidental charges apparently render unnecessary separate subheads for Freight, etc., etc., but the subhead for "Materials" will require to be sufficiently described in the Estimates to show its comprehensive character.
3.