Author: arshad

Reconciliation of Departmental and Audit Figure of Expenditure and Receipt – AG 10.06.1998n public financial management, the reconciliation of departmental and audit figures for expenditures and receipts is a critical process that ensures the accuracy and integrity of government accounts. However, for a long time, the Punjab Government had struggled with inefficiencies in this process, as highlighted by the Auditor General’s directive issued on June 10, 1998. This article explores the key aspects of this directive, the importance of reconciling financial figures, and the procedures laid out to address discrepancies in expenditure and receipt figures.The Importance of Reconciliation in Financial…

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