Gov agencies mandated to submit annual financial statements by Feb 28

Date:

January 30, Colombo (LNW): Auditor General W. P. C. Wickramaratne has issued a directive stipulating that all government agencies must submit their annual financial statements by February 28.

In an official statement, Wickramaratne emphasised that the timely submission of financial statements is imperative, as it allows for an extensive three-month period dedicated to thorough audit activities.

This strategic timeline is designed to ensure a comprehensive examination of financial records before the release of the Auditor General’s summary report.

The summary report, which is slated for publication before May 31, will be issued alongside the annual financial statement reports.

This coordinated approach aims to maintain transparency, accountability, and adherence to established financial reporting standards within government agencies.

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