Stories Tagged 'Standard accounting practices'
The Auditor General’s annual report presented to President Bidya Devi Bhandari on Thursday has only reinforced what preliminary audits of financial transactions indicated—most federal units are far from compliant to standard accounting practices. And these discrepancies in book keeping, it seems, are not confined to the local levels, pointing to a serious lack of financial accountabiilty country-wide. Mukul Humagain and Prithvi Man Shrestha talked to Auditor General Tankamani Sharma about the reasons behind this recurring financial indiscipline. full story »