Finance Statement and Auditor-General's Report 1955-56
Overview
The Statement and the subsidiary accounts which were received from the Treasury at various intervals between 6 August and 10 October 1956 have been checked with the records in the Audit Office and are in agreement therewith. The Supplementary Estimates, the entries in respect of which must be incorporated in the 1955–56 accounts, were approved by Parliament on 9 October 1956, by Act No. 5997. The report has in past years included references to the accounts of statutory bodies which the Auditor-General is required by law to audit. This year, it is intended that the accounts of Semi-Governmental Authorities will form the subject-matter of a second report—the purpose of this separation being to achieve an earlier presentation of those sections relating to the Public Account. The report is arranged under sectional headings in the following sequence: Revenue – Consolidated Revenue Receipts; Expenditure – Expenditure from Consolidated Revenue; Loan Operations – Receipts and Expenditure; Treasurer's Advance – Payments pending Parliamentary Sanction; Surcharges; Guarantees – Under Legislation and by Executive Direction; State Debtors – Revenue and Advances; Departmental Accounts – Including Business Undertakings; Trust Funds – and Special Funds.