2.  Financial procedures of Federal are covered in
Articles 78 to 88 and Articles 118 to 127 for
Provinces.
 Position of Auditor General is established
under Article 168 of the constitution
 Functions and powers of the Auditor General
are defined Articles 169 to 171.

4.  Clause 04 : Appointment of CGA from the Accounts Group by president shall be
BPS 22
 Clause 05 Functions of the CGA:
 Maintenance of Accounts of Federation, Provinces & Districts (CGA Ordinance
2001)
 Authorize payments and withdrawals from the Consolidated Fund and Public
Accounts of the Federal and Provincial governments
 Give information and advice on accounting procedure to Govt.
 To submit accounts compiled to the Auditor-General

5. Clause 06, offices work under the CGA:
 The AGPR and its sub-offices
 The Military Accountant General and its sub-offices
 The Offices of the Provincial Accountants General
 The Chief Accounts Officers of the
departmentalized accounting offices
 Any other departmentalized accounting
organizations as well as their sub-offices.

6. Clause 07, Reports:
 Prepare each year the appropriation and
finance accounts & submit to Auditor-General
 Consolidated and General Financial Statement
 prepare and submit to Federal, Provincial
Govt and the Auditor General Statements and
summaries of monthly or quarterly accounts

7. Centralized accounting entities:
Self-accounting entities:
 National Savings Organization
 Pakistan Railways
 Ministry of Defense
 Ministry of Foreign Affairs

8. Exempt entities:
 Water and Power Development Authority
 Oil and Gas Development Authority
 National Highways Authority
 National Mass Transit Authority

9.  Cash Accounting System: records cash payments
and receipts on day to day basis
 Modified Cash Accounting: Better understanding
of Govt financial position by recording fixed
assets, liabilities and commitments.
 Accrual Accounting: measure actual financial
position by recognizing expenses and revenues.

10. PIFRA (Project to Improve Financial Reporting
& Auditing):
Main Objectives:
 Implementation of SAP R/3
 Establish effective accounting and reporting
system
 minimize the occurrence of errors
 Generate financial information more,
completely, reliably and timely

11. NAM (New Accounting Module):
Features of NAM:
 Modified Cash Accounting
 Commitment Accounting
 Assets Accounting
 Revised Chart of Accounts
 Double Entry Book Keeping.

12.  Accounting Layout:
 Accounting for fixed assets
 Accounting for liabilities
 Recognition of expenses
 Recognition of revenues
 Recognition of equity

13. END