HONG KONG.
ANNUAL ABSTRACT ACCOUNT, 1925,
:
5
REPORT of the DIRECTOR OF COLONIAL AUDIT on the Account
of the Treasurer of Hong Kong for the year ended the
31st of December, 1925.
10 FEB 1927
all to for 42
Aup of
Gor+44204/25
As certified thereon, the above mentioned Account,
together with the Statement of Assets and Liabilities on
the 31st of December, 1925, has been examined under my
directions.
2. The questions which arose in the course of
examination have been satisfactorily settled as far as
possible, but a few points are still awaiting final
settlement.
3. The Statement of Assets and Liabilities on the
31st of December, 1925, as rendered, records a surplus
balance of $8,113,482.68. This balance has apparently
been increased by $28,385.39 owing to the transfer of
that amount from the "Adjustment of Exchange Account"
direct to the "Surplus and Deficit Account" in contra-
vention of Colonial Regulation No.345.
The question of the treatment of the "Adjustment
of Exchange Account" has been fully dealt with in a
despatch (No: 431 of the 26th of November, 1925) from
the Secretary of State to the Governor of Hong Kong to
which, as far as I am aware, no reply has yet been
received.
I have not seen the authority of the Secretary
of State for all of the excesses on sub-heads which are
recorded in the Appropriation Account for the year 1925.
In