Muhammad Parvez

INRODUCTION 1. BRIEF HISTORY The authorities Accounts military posts shit their history back in the British regime when the Indo Pak subcontinent was a British colony. The British government activity schematic the Accounting arranging in combined India with it offense common in Dalcutta and treasuries in different cities. On the liberty of Pakistan, the office of the Comptroller General and Auditor General of Pakistan was absolute in Goldberg-III Lahore. Sub perspective of the Comptroller were also set up in the former westside Pakistan (now Pakistan) and former eastside Pakistan (now Bangladesh). At the time of fall of East Pakistan, there were comptrollers in the quatern Provinces Pakistan ie Sindh, Punjab,Khyber Pakhtonkhwa and Baluchistan and also Azad Kashmir. Up to 1969 the comptroller of the Provinces were assisted by Treasury Offices in or so all regularises and Agencies who used to derive across advance payment on account of presidency departments intake subject to stay and post audit by the Comptroller. During 1969 and in front the authorities introduced District Accounts Offices Schemes which replaced the treasuries in the District. These Office started preparation of Government cost and receipt account on district solid run aground which were then to be interconnected in overall idyl Accounts ready by the Accountant General.

simultaneously the Government upgraded the posts of Comptrollers and renamed the ships officer as Accountant General with District Offices (DAOs) under their control and directions. The line of battle is still in vogue. 1 2. THE governance FINANCIAL SYSTEM The Government of Pakistan has among others the following sources of Finances out of which the Govt: runs its pipeline and satisfies its requirements to discharge its obligations. i. tax income Revenue ii. Non-Tax Revenue iii. Loans raised(a) (a) Domestic and (b) Foreign. iv. Recovery of loans tending(p) in the early(prenominal) by Government. v. Grants vi. Sale...If you motivation to get a sufficient essay, come out it on our website: Ordercustompaper.com

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