Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 415 Wed. July 27, 2005  
   
Metropolitan


'IT-based accounting system a must'


Comptroller and Auditor General (CAG) Asif Ali yesterday said a total Information Technology (IT) network-based accounting system is a must to ensure better financial management in the country.

Quality and credibility of an accounts or audit report should be maintained to make it acceptable to all, he added.

He was addressing a seminar on "Wide Area Network (WAN) Presentation" in the auditorium of Public Works Department, organised by the office of the Controller General of Accounts (CGA).

The Financial Management Reform Programme (FMRP) has developed the "Wide Area Network (WAN) Presentation".

Controller General of Accounts Faruq M Siddiqi also spoke. Engr Ayubur Rahman presented the WAN, an IT-based coordinated accounting system.

Accountants and auditors of different levels from different offices participated in the discussion on WAN.

Asif said taxpayers have got every right to ask the AG office for providing any statement of accounts for their own professional consumption.

Reminding the consequences of avoiding IT in accounting system, he said, the government might think alternative measure if the concerned accounts officials fail to introduce the technology in their work.

Faruq said introduction of IT will help stop corruption and mistake in the accounting system of government offices. The computer will reject a document if the figures in a bill and in a cheque differ with one another, he added.