Question Tag: Treasury Accounts

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PSAF – Nov 2015 – L2 – Q5a – Public Sector Audit

Outline audit objectives for Treasury, Agency, and Government Enterprise accounts.

The functions of the office of the Auditor-General for the Federation is to audit the accounts of all Accounting Officers and all persons entrusted with the collections, receipts, custody, issue, or payment of Federal Government monies or with the receipt, collection, issue, sale, transfer, or delivery of any stamps, securities, stores, or other property of the Government of the Federation and for the certification of the annual accounts of the Government.

In light of the above, state three audit objectives of:
i. Treasury Accounts.
ii. Agency Accounts.
iii. Government Enterprise Accounts.

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PSAF – Nov 2015 – L2 – Q5a – Public Sector Audit

Outline audit objectives for Treasury, Agency, and Government Enterprise accounts.

The functions of the office of the Auditor-General for the Federation is to audit the accounts of all Accounting Officers and all persons entrusted with the collections, receipts, custody, issue, or payment of Federal Government monies or with the receipt, collection, issue, sale, transfer, or delivery of any stamps, securities, stores, or other property of the Government of the Federation and for the certification of the annual accounts of the Government.

In light of the above, state three audit objectives of:
i. Treasury Accounts.
ii. Agency Accounts.
iii. Government Enterprise Accounts.

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