603
ASSETS AND LIABILITIES. 4. The Statement of Assets and Liabilities as
rendered by the Treasurer shows an excess of Assets
> LOOL AUDIT.
of $441,495-66 as compared with an excess on 31st December 1904 of $297,722-83.
5. The Audit of the Revenue and certain other account s was conducted under my directions by the officers of my Department stationed in the Colony, with satisfactory
results.
EW TERRITORY.
6. It has been found necessary in consequence of a case of embezzlement which occurred in the district of Sheung Shui to increase the scope of the Local Auditor's duties
Arrangements have therefore been made with this view and provision has been taken in the Estimates for 1907 for a quarterly tour of inspection in the new territory.
UTSTANDING QUESTIONS. 7. The outstanding questions referred to in my
report on the account for 1904 have been satisfactorily settled. The only unsettled question in connection with the account for 1905 affects the verification of certain items in the Statement of Assets and Liabil- ities as to which I am awaiting the Report of the Local Auditor.
CHEQUER AND AUDIT DEPARTMENT,
COLONIAL AUDIT BRANCH,
9th April, 1907.
John & Kempe
COMPTROLLER AND AUDITOR GENERAL.