CO129-568-7 Report to Director of Colonial Audit- 1937- queries and correspondence 24-10-1938 - 13-7-1939 — Page 28

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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A (2) 2

7. The amount of revenue or over-expenditure recovered as a result of the 1937 queries amounted to $742.23, while the undermentioned recoveries were effected as a result of audit submissions:—

Overpayment on Passage

27

The Award of Pension to a widow of a contributor who was sentenced to death was challenged by Audit. The Law Officers of the Crown later

ruled that no pension was payable under Ordinance 15/1908.

Recovery

.£21- 2-0d.

.£ 6-17-2d. (Or £6-5-7d)

(Less $100 Ex gratia payment to

widow.)

$359.78 p.a.

8. Among the larger recoveries due

were:-

Vaccination fees not charged Undercharges on Safety Certificates Undercharges Sunday Working Permits

""

Overpayment travelling expenses

Overpayment Money Order Claim

Undercharges Vaccination Fees

to

Audit

Queries

$ 82.40

22.50

25.00

43.75

92.64

29.77

52.00

A (2) 8

13. The internal check in the Accountant-General's office appears to be satisfactory and vouchers, submitted to audit bear signs of adequate scrutiny and check. The insignificant number of queries that audit found necessary to raise gives considerable support to these findings.

14. The question of the adequacy or otherwise of internal checks in other departments will be reviewed during the current

year.

15. Securities provided by Public Officers.

The securities supplied by Public Officers in respect of the pecuniary responsibility attached to their offices in accordance with General Order No. 364 and Colonial Regulation No. 301, have been inspected by audit and found to be in order.

C.-ANNUAL ABSTRACT ACCOUNT.

16. Receipts.

.$ 33,196,368

The total Revenue for the year 1937

including Land Sales, was Compared with an estimated amount of ... 28,760,250

Thereby exceeding the estimate by

$

4,436,118

17. The main variations, as compared with the Estimates, occur under the following Heads:—

9. Audit Queries have been replied to with commendable

promptitude.

B.

SUFFICIENCY OF EXISTING CHECKS AGAINST FRAUD.

10. Subject to the comments contained in this report, and as far as has been ascertained at present, the existing regula tions and accounting instructions appear to afford sufficient pro- tection against fraud.

11. In accordance with Colonial Regulation No. 300 a Board of Survey was appointed to check the cash, bank balances, and revenue stamps, in the hands of the Accountant-General at the end of the year, and these were reported as having been found

correct.

Post Office stocks were also surveyed by a Board at the close of the year, and no discrepancies were reported.

12. With regard to the latter survey however it was brought to notice by audit that the Board had carried out a test survey only of certain portions of the stocks held by Counter Shroffs. It has since been arranged that future annual surveys of these stocks shall be carried out in detail,

Head.

Duties

More than

Licences and Internal Revenue

Fees of Court etc.

Estimated.

$ 1,210,411

1,008,667

262,576

Post Office

Land Sales

1,204,596

322,463

18. The actual revenue for the year 1987 exceeded that of

the preceding year by $3,153,384.

19. Payments.

The expenditure for the year 1937, includ-

ing Military Contribution was While the Estimates provided for

Showing under-expenditure of

$ 32,111,222

32,259,160

$

147,938

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