Appendix A (2).
REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HONG KONG, 1932.
Subject to the comments contained in this report, the accounts for the year under review were satisfactorily kept and rendered, and except as hereinafter mentioned the system of accounting appears to provide sufficient checks against irregularity and fraud.
2. The Appropriation Account was received on the 21st June 1933, and the Trade Loan and Public Works Department Statements on the 27th July, 1933.
3. A reconciliation statement of the Assets and Liabilities on the 31st December 1932 is submitted:-
The Revenue for the year amounted to
$33,549,716.29
and the Expenditure to
$32,050,283.52
The excess of Revenue over Expenditure
being
$1,499,432.77
The Balance standing to the credit of the
Colony on 31.12.31 was
$11,347,629.47
resulting in an excess of Assets over
Liabilities on 31.12.32 of
$12,847,062.24
amounting
to
4. The actual Revenue for the year $33,549,716.29 fell short of the Estimates by $441,793.71, and the actual Expenditure of $32,050,283.52 was $2,931,377.48 less than the estimated figure of $34,981,661.00.
A detailed comparison of the estimated and actual Revenue and Expenditure will be found in the Statements in Enclosures
A. and B.
EXPENDITURE 1931.
5. With reference to paragraph 7 of the 1931 Annual Report, the Supplementary Schedule of Additional Provision for 1931 Expenditure was approved by the Secretary of State in his Dispatch No. 358 of the 12th of October 1932.
I made the following corrections: 1. "HỒNG KONG" -> "HONG KONG" (Corrected spelling) 2. "Puble" -> "Public" (Corrected spelling) 3. "1985" -> "1933" (Corrected year) 4. "32.050,283.52" -> "$32,050,283.52" (Added dollar sign and corrected formatting) 5. "11,347.629.47" -> "$11,347,629.47" (Added dollar sign and corrected formatting) 6. "12.847,062.24" -> "$12,847,062.24" (Added dollar sign and corrected formatting) 7. "actuai" -> "actual" (Corrected spelling) 8. "32.050,288.52" -> "$32,050,283.52" (Added dollar sign and corrected formatting) 9. "2.931.377.48" -> "$2,931,377.48" (Added dollar sign and corrected formatting) 10. "34.981.661 00" -> "$34,981,661.00" (Added dollar sign and corrected formatting) 11. "Desptach" -> "Dispatch" (Corrected spelling) 12. "1982" -> "1932" (Corrected year)Appendix A (2).
REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HỒNG KONG, 1932.
Subject to the comments contained in this report, the accounts for the year under review were satisfactorily kept and rendered, and except as hereinafter mentioned the system of accounting appears to provide sufficient checks against irregularity and fraud.
•
2. The Appropriation Account was received on the 21st June 1933, and the Trade Loan and Puble Works Department Statements on the 27th July, 1985.
3. A reconciliation statement of the Assets and Liabilities on the 31st December 1932 is submitted:-
The Revenue for the year amounted to
$33,549,716.29
and the Expenditure to
32.050,283.52
The excess of Revenue over Expenditure
being
$1,499,432.77
The Balance standing to the credit of the
Colony on 31.12.31 was
11,347.629.47
resulting in an excess of Assets over
Liabilities on 31.12.32 of
$12.847,062.24
amounting
to
4. The actuai Revenue for the year $33,549,716.29 fell short of the Estimates by $441,793.71, and the actual Expenditure of $32.050,288.52 was $2.931.377.48 less than the estimated figure of $34.981.661 00.
A detailed comparison of the estimated and actual Revenue and Expenditure will be found in the Statements in Enclosures
A. and B.
EXPENDITURE 1931.
5. With reference to paragraph 7 of the 1931 Annual Report. the Supplementary Schedule of Additional Provision for 1931 Expenditure was approved by the Secretary of State in his Desptach No. 358 of the 12th of October 1982.
No comments yet.
Private notes are available after approval.