TNAG-1655-FCO40-2303-Hong-Kong-and-the-Customs-Co-operation-Council-(CCC)-1987 — Page 38

ANNEX TO FINANCIAL RULES

INSTRUCTIONS TO AUDITORS

III/11

1.

2.

3.

The Auditors shall perform an audit of the accounts of the Council including all Trust Funds and Reserve and Special Accounts in order to certify :

4.

(a) that the financial statements are in accord with the

books and records of the Council;

5.

(b) that the financial transactions reflected in the

statements have been in accordance with the budgetary provisions, the regulations and other applicable directives;

(c) that the securities and monies on deposit and on hand

have been verified by certificate, received direct from the depositories, or by actual count.

Subject to the directions of the Council, the Auditors shall be the sole judge as to the acceptance in whole or in part of the certifications by the Secretariat and may proceed to such detailed examinations and verifications as they choose of all financial records, including those relating to supplies and equipment.

The Auditors may affirm by test reliability of the internal audit, and may make such reports with respect thereto, as they may deem necessary, to the Council, to the Finance Committee or to the Secretary General.

The Auditors shall have free access at all convenient times to all books of account and records which are, in the opinion of the Auditors, necessary for the performance of the audit. Confidential documents required for the purposes of the audit, shall be made available on application to the Secretary General or other authorised officer.

The Auditors, in addition to certifying the accounts, may make such observations as they deem necessary with respect to the efficiency of the financial regulations, the accounting system, the internal financial controls, and, in general, the financial consequences of administrative practices.

January 1967.