3465,/2.
13
RE ORT of THE DIRECTOR GENERAL OF COLONIAL AUDIT on
the ACCOUNTS of HONG KONG for the period 1st May 1946
to 31st MARCH 1947.
ANNUAL ABSTRACT ACCOUNT.
As certified thereon, the Annual Abstract
Account, together with the Statement of Assets and
Liabilities on the 31st of March 1947, has been
examined under my direction.
2.
The audit of the accounts in Hong Kong came
under my direction as from the 1st of May 1946, the
accounts of the British Military Administration for the
period September 1945 to the 30th April 1946, having
been examined locally in Hong Kong by members of the
Colonial Auâit Department seconded for service with
that Administration. The accounts of the Hong Kong
London Accounts Office for the period up to the 30th of
April 1946, were examined under my direction in London.
3.
The opening balance of $7,262.14 at the 1st
of May 1946, shown in the Annual Abstract Account, appears
to represent the Hong Kong dollar equivalent of cash to an
amount of £453. 17. 8 shown in the Hong Kong London
Accounts Office Balance Sheet at the 30th of April 1946,
as held by the Crown Agents at that date. Actually,
however, this cash balance with the Crown Agents was, I
understand, brought into the Accountant General's books
not as an opening balance at the 1st of May 1946, but as
a receipt during May 1946, and forms part of the receipt
item "General Revenue Account - £ 6,606,336. 20* in the
Annual Abstract Account. The Abstract Account thus shows
an erroneous opening balance of ☀ 7,262.14, which
is,
however, offset by an erroneous debit of an equal amount
included in the payment item "Deposits
-
28,564,708.73′′
As a result, the totals on both sides of the Abstract
Account.