Intro & overview



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1 Introduction.DOC

Accounting Policies and Procedures Manual Introduction

1Introduction


Table of Contents


1 Introduction 1

1.1 Purpose of the Manual 3

1.2 Structure of the Manual 4

1.3 Reader Guidance 5

1.4 Authority, Applicability, Distribution and Maintenance of the Manual 6

1.4.1 Authority 6

1.4.2 Effective date 6

1.4.3 Application 6

1.4.4 Compliance 7

1.4.5 Distribution, maintenance and update 7


1.1Purpose of the Manual

1.1.1.1The purpose of this Manual is to set out the detailed policies and procedures to be used in accounting for the Government of Pakistan’s financial transactions.

1.1.1.2Under Article 170 of the Constitution, the Auditor General can prescribe detailed policies and procedures in respect of the following:


  • all transactions of centralised accounting entities

  • specific transactions of self accounting entities which operate within overall control of the Auditor General e.g. staff related payments

  • transactions adjustments of self accounting entities with the centralised accounting entities or in between themselves

  • reporting requirements of the self accounting entities.

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