Appendix A (2).
REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HONG KONG
FOR THE YEAR 1939.
1. The accounts of the Colony of Hong Kong for the year ended 31st December, 1939, have been examined by the local Audit Department.
A. MANNER IN WHICH THE ACCOUNTS HAVE BEEN KEPT AND RENDERED,
2. Subject to the observations contained in this report the accounts were satisfactorily kept and rendered and were submitted promptly for Audit. The accounts of the Colony were closed on the 14th March, 1940.
3. The annual statements prepared by the Accountant-General were promptly rendered. The Draft Appropriation Account (detailed Statement of Expenditure) was submitted for Audit on the 11th June, 1940.
4. A considerable amount of Audit officers' time has been devoted to instructing, and giving advice to, officers of other departments on accounting and storekeeping matters, more particularly in the case of newly established departments. The accounts and records of certain departments required much attention to put them on a satisfactory footing.
5. Misallocations and errors of classification.
Fifteen misallocations affecting sub-heads of revenue, and thirteen misallocations of expenditure were discovered by Audit. All misallocations were adjusted before the accounts were closed.
6. Queries.
Three hundred and fifty-eight queries were raised on the 1939 accounts, of which 180 related to Expenditure and 178 to Revenue. This is an increase of 77 over the 1938 figures.
7. Six queries remain unsettled at the date of this report. Details of these appear in Appendix "A" attached. There are no unsettled queries relating to the Appendix “A” accounts of the previous year.
8. Audit queries resulted in the recovery of $977.82 in respect of under-collection of revenue and overpayments of expenditure, and in addition recoveries totalling $3,338.51 were effected in consequence of Audit submissions.
9. Details of the more important recoveries are:-
Audit Submission-Non collection of rent for Government Quarters 726.04 Audit Submission-Overpayment of rent allowance 48.00 Audit Submission-Tailoring Conversion Vouchers 2,554.67 Query No. 1/R Undercollection of Foreign Car Registration fees. 126.30 Query No. 10/R - Undercharge Water fees 205.50 Query No. 12/R - Undercharge Water fees 29.50 Query No. 27/R Undercharge Entertainment Tax 105.55 Query No. 111/R- Boat licences not billed for 45.00 Query No. 158/R- Undercollection Entertainment Tax 100.00 Query No. 159/R- Undercollection Entertainment Tax 13.50Appendix A (2).
REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HONG KONG
FOR THE YEAR 1939.
1. The accounts of the Colony of Hong Kong for the year ended 31st December, 1939, have been examined by the local Audit Department.
A. MANNER IN WHICH THE ACCOUNTS HAVE BEEN KEPT AND RENDERED,
2. Subject to the observations contained in this report the accounts were satisfactorily kept and rendered and were submitted promptly for Audit. The accounts of the Colony were closed on the 14th March, 1940.
3. The annual statements prepared by the Accountant-General were promptly rendered. The Draft Appropriation Account (detailed Statement of Expenditure) was submitted for Audit on the 11th June, 1940.
4. A considerable amount of Audit officers' time has been devoted to instruct- ing, and giving advice to, officers of other departments on accounting and storekeeping matters, more particularly in the case of newly established departments. The accounts and records of certain departments required much attention to put them on a satisfactory footing.
5. Misallocations and errors of classification.
Fifteen misallocations affecting sub-heads of revenue, and thirteen misallocations of expenditure were discovered by Audit. All misallocations were adjusted before the accounts were closed.
6. Queries.
Three hundred and fifty eight queries were raised on the 1939 accounts, of which 180 related to Expenditure and 178 to Revenue. This is an increase of 77 over the 1938 figures.
7. Six queries remain unsettled at the date of this report. Details of these appear in Appendix "A" attached. There are no unsettled queries relating to the Appendix “A” accounts of the previous year.
8. Audit queries resulted in the recovery of $977.82 in respect of under- collection of revenue and overpayments of expenditure, and in addition recoveries totalling $3,338.51 were effected in consequence of Audit submissions.
9. Details of the more important recoveries are :-
Audit Submission-Non collection of rent for Govern-
ment Quarters
Audit Submission-Overpayment of rent allowance
Audit Submission-Tailoring Conversion Vouchers Query No. 1/R Undercollection of Foreign Car
Registration fees.
726.04
48.00
2.554.67
126.30
Query No. 10/R - Undercharge Water fees Query No. 12/R - Undercharge Water fees Query No. 27/R Undercharge Entertainment Tax Query No. 111/R- Boat licences not billed for Query No. 158/R- Undercollection Entertainment Tax Query No. 159/R- Undercollection Entertainment Tax
205.50
29.50
105.55
45.00
100.00
13.50
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