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.
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.
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.