The Financial Comptroller General Office (FCGO) is responsible for managing and operating the Consolidated Fund, the fund established by the Constitution of Nepal. The FCGO prepares annual consolidated financial statements of all three tiers of government (budgetary units), which are submitted to the Office of Auditor General (OAG) and the Ministry of Finance (MoF).
The reported expenditure includes payment for accrued expenses of the preceding year as per the provision of rules 39(13) & (15) of the Financial Procedure and Fiscal Accountability Regulation, 2077.
Consolidated financial statement is based on three levels reconciliation such as:
(i) at local level: SuTRA-TSA-bank
(ii) at district level: CGAS-TSA-FMIS-respective banks
(iii) at central level: CGAS-MFMIS, TSA-FMIS, MFMIS-FMIS-banks
https://www.fcgo.gov.np/storage/uploads/publications/20230619133028_CFS%20Report%20For%20Website.pdf
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