2
STORE ACCOUNTS.
VERIFICATION OF ASSETS.
PROGRAMME
OF WORK.
payments of rent have yet been made by the Services in
respect of their occupation of enemy property.
6.
With reference to paragraph 13 of my last Report,
the Director of Audit states that at the time of writing
his Report, no information had been received concerning
action on the findings of the Special Board of Survey
which was appointed to ascertain the quantity and value
of stores on hand at 1st April 1947: and that he had
seen no reconciliation between the stocks and ledger
balances and the financial balances appearing in the
Treasury books at 31st March 1949.
7. With reference to paragraph 15 of my last Report,
the balance of stock on hand in the Kowloon Canton Railway
Unallocated Stores at 31st March 1949, as shown in Appendix
X of the Accountant General's Report was $400,747.54,
thereby exceeding the authorised maximum standard stock of
$175,000 by $225,747.54.
I have not seen the approval of
the Secretary of State for this excess, but in his Savingram
No. 164 of the 16th February 1950, he gave authority for the
maximum standard stock to be increased to $500,000.
The
8. No Boards of Survey were held during the year on the
Allocated and Unallocated Stores maintained by the Stores
Department as required by Colonial Regulation 344.
Director of Audit has suggested, however, that Boards of
Survey should be held annually on these Stores in future.
Following the procedure laid down in the Secretary
9.
of State's Circular Despatch of the 9th of December 1938,
the Securities and Cash Balances, recorded in the Accounts
as rendered, which were held by the Crown Agents for the
Colonies at the 31st March 1949, have been verified from the Certificates rendered by the Crown Agents without
endorsement by the Comptroller and Auditor General.
10. The approved Programme of Work has been completed
with the exception of a number of subsidiary and
departmental. . .
No comments yet.
Private notes are available after approval.