CO129-605-1 Annual Accounts- 1946-7 9-9-1948 - 14-3-1949 — Page 13

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.