KATHMANDU, August 23: The International Monetary Fund (IMF) has suspended the second installment amount of its credit volume committed to Nepal, raising its concern over the authenticity of the financial audit of Nepal Rastra Bank (NRB)

KATHMANDU, September 13: Rastriya Beema Sansthan (RBS), a government-owned life insurance company, has recently concluded the audit of its financial transactions for the year 2009/10, in over a decade.

KATHMANDU, May 20: The 56th annual report of the Auditor General was presented in today's session of the House of Representatives.

WASHINGTON, Nov 29: Top officials of the Office of the Auditor General (OAG) do not normally go out to audit the financial records of a public agency. But Auditor General Tanka Mani Sharma himself has been found involved in, or presiding over, the examination of the financial records of the Embassy of Nepal in Washington DC, recently.

KATHMANDU, April 13: An audit report prepared by the Office of the Auditor General (OAG) shows that the Election Commission (EC) spent millions of rupees from foreign donors without any audit and details of election logistics gifted by  neighboring countries were not  taken into account in its report submitted  to the OAG after holding three sets of elections last year.

KATHMANDU, April 3: The 55th audit report of all public offices scheduled to be published next week will have major changes compared to the 54th report of last year. However, what will be lacking will be issue-based reporting.

21 PEs disobey OAG direction to audit

February 7, 2018 10:10 am

KATHMANDU, Feb 7: Clearing the backlog of financial auditing of public enterprises (PEs) was on the top priority of newly appointed Auditor General Tanka Mani Sharma in May last year. Sharma also issued direction to as many as 21 PEs including Citizen Investment Trust and Nepal Tourism Board to clear all the backlog of auditing by mid-August, but the progress has been miserable.

KATHMANDU, July 12 : The Office of the Auditor General (OAG) has said that it will name the head of a public office, who has financial arrears and is involved in other financial indiscipline, in its next annual report. It will audit all public spending of the current fiscal year and make public the report by mid-April.

Banks, corporate houses and government offices, among other organizations, are undergoing Information Systems Audit (IS Audit) in Nepal, which is a good sign that our society is moving towards information management and data security. But many are still unaware about the idea and evidently, fail to understand why they need it.

KATHMANDU, July 5: A team of International Civil Aviation Organization (ICAO) formally started audit of Nepal's aviation sector from Tuesday.

ICAO team commencing audit today

July 4, 2017 01:50 am

KATHMANDU, July 4: A team of International Civil Aviation Organization (ICAO), which arrived in Kathmandu on Sunday, will start studying the status of aviation safety in Nepal from Tuesday.

ZURICH, April 29: A member of FIFA's audit and compliance committee was handed a provisional 90-day ban from football on Friday, a day after pleading guilty in a U.S court to taking bribes in exchange for using his influence within the global soccer body.

KATHMANDU, April 12: Failure to recover capital gains tax (CGT) from telecom operator Ncell has put Ministry of Finance (MoF) at the top of the list of government agencies in terms of financial indiscipline in Fiscal Year 2015/16.