Auditor Generals must ensure accountability of spent funds during Covid-19 pandemic dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Daily Times
May 21, 2021
ISLAMABAD: PPP Chairman Bilawal Bhutto Zardari has said that the people of Pakistan are passing through their most difficult times only because of the incompetence and ineptitude of the absurd policies of the PTI-led federal government of Pakistan.
The federal government, under Prime Minister Imran Ahmed Khan, has proven to be absolutely unfit for the job of governing Pakistan, Bilawal said in a statement issued on Friday.
“Governance, to the PM, seems to mean taking notice of sky-rocketing inflation but doing nothing to counter it”, the PPP chairman said.
“The only tangible action that the selected PM seems to take is replacing plaques on public welfare projects with ones bearing his name. There is not a single project that has benefitted the country that Imran Khan can claim credit for. All we have to show for two and half years of his inept government are broken promises and bald-faced lies, coupled with back-breaking debt and soul-crushing infl
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Conflict of interest arises when capable rich people start to establish institutions that multiply their capital and have to hire employees to oversee matters they may not be able to tend to. In such cases, there needs to be check and balance so that neither side is at a disadvantage. Auditing is the right practice to settle such clashes.
Auditing promotes clarity and confidence among employees and business owners. It helps the coworkers to have trust among each other and that indirectly helps in the smooth functioning of organizations.
Mr. Gherezgiher Ghebremedhin
The Office of the Auditor General in Eritrea was founded in 1992 to have as its main function, like in many other countries, auditing all governmental institutions and presenting the results to the concerned bodies. With time, it has acquired certain transitions into its purpose and operation. For example, it has broadened its functions to an office that restructured its tasks into auditing all government account
As the Chairman, the CAG of India plays a key role in achieving the Panel s objective of greater degree of collaboration and coordination, and exchange of information on audit methods and findings, among the Panel members, said an official statement. CAG leads the Panel as a distinctive forum to support the delivery of high quality, standards-based assurance, to ensure that reported financial information provides a transparent and accurate basis for the financial decisions made by the United Nations and its Specialized Agencies, the statement said.
The UN General Assembly had in 1959 established the Panel of External Auditors, comprising the individual external auditors of the United Nations system, who are also heads of supreme audit institutions Comptroller and Auditors General of their respective countries.
CAG Girish Murmu appointed Chairman of UN Panel of External Auditors again business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.