Financial Procedure Act 1957

1 this act may be cited as the financial procedure act 1957.

Financial procedure act 1957. According to the requirements of section 16 1 of the financial procedure act 1957 act 611 government accounting standards and international public sector accounting standards ipsas financial reporting under the cash basis of accounting. Federal government financial statements are prepared annually by the accountant general s of malaysia. View financial procedure act 1957 act 61 from accounting 11 at multimedia university cyberjaya. 8 of1948 nor to any person in the service of that administration.

No money withdrawn unless for trust purposes as authorized by a law. The financial procedure act 1957 revised 1972 provides for the control and management of the public finances of malaysia and outlines financial and accounting procedures. It includes procedures for the collection custody and payment of the public. 8 of1948 nor to any person in the service of that administration.

The financial procedure act 1957 revised 1972 provides for the control and management of the public finances of malaysia and outlines financial and accounting procedures. Warrant section 13 financial procedure act 1957 authorization either from the minister for the federal or menteri besar or chief minister. Virements section 15 4 of the financial procedure act 1957. Powers of the auditor general 7.

Financial procedure act 1957 and any other written law relating to moneys or stores subject to his audit have been in all respects complied with. Act 61 financial procedure act 1957 an act to provide for the control and management of the public finances of malaysia and for fi nancial and accounting procedure including procedure for the collec tion custody and payment of the public moneys of the federation and of the states and the. 1 in the performance of his functions under the federal constitution or this act the auditor general a may call upon any person for any explanations and. 061e fm page 1 friday march 31 2006 3 49 pm laws of malaysia reprint act 61 financial procedure act.

It includes procedures for the collection custody and payment of the public monies of malaysia and of the states. Financial procedure act 1957. Lapsed and cease at the close of one calendar month following the financial year. 2 this act shall not apply to the railway administration established under the railway ordinance 1948 m u.