Enclosure O.
PUBLIC WORKS DEPARTMENT
UNALLOCATED STORES.
No. 47/48.
From Auditor.
Hong Kong.
30th April, 1931.
To Hon. Treasurer.
Hong Kong.
As a handing over statement between two storemen it may be satisfactory. Its preparation covered six months. But as an independent survey, such as is required by Col. Reg. 355, especially necessary in the case of P.W.D. Stores which form an asset of the Balance Sheet, it is of little use, and cannot be verified with the Ledgers. The fact that a store balance is correct, say, on June 27th, is poor evidence that it will be correct on December 31st. I have made a few tests and have no reason to think it is other than accurate and I agree that approval should be asked to write on and off.
(Sgd.) P. L. COLLISSON,
Auditor.
This refers to so-called survey of P.W.D. Stores, it is unpriced and of no value to audit. A test check with the cards has been made.
(Intd.) P.L.C.
Hon. C.S.
Please see D.P.W.'s and my minute on previous page.
I recommend that approval be given to write on and off these differences.
The question of a Board of Survey at the end of the year can be left in abeyance at the moment. No Board of Survey was taken on 31.12.30. The statement attached is a verification of stock and it is not a statement of balances on hand.
(Sgd.) EDWIN TAYLOR.
Treasurer.
2.5.31.
Write on and write off as recommended
Approved by command
(Sgd.) N. L. SMITH,
p. C.S. 7.5.31