ISLAMABAD - Department of Auditor General of Pakistan has pointed out irregularities amounting to Rs 8276 billion in Federal Government while the irregularities amounting to Rs 1156 billion were pointed out in provincial governments.

During audit year 2017-18 the Department of Auditor General of Pakistan audited 8,746 audit formations with Rs 10623 billion audited expenditure out of total 39,425 formations with Rs 12451 billion total auditable expenditure which reflects the working and achievements of DAGP with regard to set targets and goals for its field audit formations, said Auditor General of Pakistan,Javaid Jehangir, here while chairing the meeting of Policy Board of DAGP.

Considering the importance of reaching out to the stakeholders, Department of Auditor General of Pakistan has always highlighted partnership as its key core value.

DAGP seeks better relationship with its stakeholders by aligning its goals with Government Reform agenda, improving communication with its stakeholders and working as partners to help clients to achieve their objectives economically efficiently and effectively, said Audit General of Pakistan, Javaid Jehangir, while chairing the meeting of Policy Board of DAGP.

Previous meeting of Policy Board deliberated on initiatives and reforms taken up by DAGP, proposing a way forward for colloboration with professional accounting and auditing bodies in Pakistan, and ways to engage with social sector and NGOs in audit planning.

The current Policy Board meeting deliberated on audit themes recommendations for Public Sector Audit plan 2018-19 and is an effort to take stakeholder input before finalizing the audit planning activity of DAGP.

AGP said that the department has always endeavoured to continue its reform process to meet the emerging requirements of its clients and Parliament and has taken many initiatives over the years as part of its reform agenda.

There was a major paradaigm shift when DAGP transformed all the codes of accounts and Audit by replacing old codes/ manuals with new Financial Audit Mnaual and new reporting templates meeting international reporting standrads requirements.

It is a continuous process and we continue our reform process, AGP added.

While talking to the participants of board AGP said that during audit year 2017-18 the Department of Auditor General of Pakistan audited 8,746 audit formations with Rs 10623 billion audited expenditure out of total 39,425 formations with Rs. 12451 billion total auditable expenditure which reflects the working and achievements of DAGP with regard to set targets and goals for its field audit formations. During audit year 2017-18 DAGP pointed out irregularities amounting to Rs 8276 billion in the Federal government while the irregularities amounting to Rs 1156 billion were pointed out in provincial governments.

The meeting was attended by the representatives of SBP, SECP, FBR, Ministry of Finance, ICAP, ICMAP as well as other members of the Policy Board.