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INTERNAL AUDIT GUIDELINES COMMUNICATION & WORKS DEPARTMENT, GOVERNMENT OF KHYBER PAKHTUNKHWA APRIL 2013 SECTION 1 Understanding of Business Entity INTERNAL AUDIT DEPARTMENT, GOVERNMENT OF PKK AUDIT
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The auditor-general of Pakistan is needed by various entities and stakeholders, including:
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Government Institutions: The auditor-general plays a crucial role in auditing and ensuring financial accountability and transparency within government departments, agencies, and organizations.
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General Public: The auditor-general's work helps ensure that public funds are utilized efficiently and effectively, benefitting the general public by promoting good governance and preventing corruption.
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Parliament: The auditor-general presents audit reports and findings to the Parliament, which aids in oversight, budgetary decisions, and policy-making processes.
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International Organizations: The auditor-general's reports and assessments contribute to the evaluation and assessment of Pakistan's financial systems by international organizations such as the World Bank, IMF, and other donor agencies.
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Investors and Donors: The auditor-general's role instills confidence in investors and donors by providing assurance that proper financial controls and accountability measures are in place.
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Media and Civil Society: The auditor-general's reports and findings are often covered by the media and utilized by civil society organizations to advocate for transparency, accountability, and good governance.
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In summary, the auditor-general of Pakistan is essential for ensuring financial accountability, transparency, and good governance within the government and benefiting various stakeholders, including the general public, parliament, international organizations, investors, media, and civil society.
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The Auditor General of Pakistan is a constitutional office in Pakistan responsible for ensuring accountability and transparency in the financial affairs of the government.
All government departments, ministries, and organizations that receive public funds are required to file audit reports with the Auditor General of Pakistan.
The audit report must be prepared according to the guidelines provided by the Auditor General of Pakistan and submitted to the office through the designated channels.
The purpose of the Auditor General of Pakistan is to ensure that public funds are spent efficiently, effectively, and in accordance with the law.
The audit report must include details of revenue, expenditure, assets, liabilities, and compliance with relevant laws and regulations.
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