Islamabad, April 06, 2018 (PPI-OT):Audit Manual for Foreign Funded Projects will help AGP in ensuring the standardization of audit checks and procedures while carrying out the audit of donor funded projects. It will also help in achieving the mandate of AGP to express opinion on transparency, adequacy and effectiveness of accounting, financial and operational controls in public projects, said Auditor General of Pakistan, Javaid Jehangir, while talking to the delegation of Asian Development Bank led by its Country Director.
The amount committed to the Government of Pakistan by the donor agencies is the money that comes from the public funds of those countries and our objective for the audit of foreign aided projects is to express an opinion as to whether the financial information presented in those financial statements presents a true and fair view in all material respects to ensure the donors of the accountability of the funds entrusted to the Government of Pakistan, AGP added.
Country Director of ADB while lauding the efforts of Auditor General of Pakistan said that the audit efforts of AGP are appropriately directed across the public sector and the Audit Manual for Foreign Funded Projects will be a great resource for enhancing the existing capabilities of AGP. Country Director also expressed willingness to provide support to the Auditor General’s Department in capacity building and training. Later the Country Director of ADB handed over the Audit Manual for Foreign Funded Projects to the Auditor General of Pakistan. The Audit Manual was jointly prepared by the AGP, Asian Development Bank and KPMG.
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