Discussion on Debt, Deposit and Suspense Accounts in conjunction with Union Budget (Non-Budget) held

According to the Capacity Building, Human Resources Development and Knowledge Sharing Programme-KSP of the Office of the Auditor-General of the Union, Discussion No-11 of the Knowledge Sharing Programme on “Debt, Deposit and Suspense Accounts in conjunction with the Union Budget (Non-Budget)” was held at the Assembly Hall in the Office of the Auditor-General of the Union (Nay Pyi Taw) yesterday in compliance with the Covid-19 Prevention Rules.
At the discussion, Dr Kan Zaw, the Union Auditor-General, delivered an opening speech that Budget Accounts of the Union of the Government Organizations states the capability of financial position of the State and it is crucial in the financial accountability and effective decision making; therefore law, rules and regulations are prescribed in order that financial transactions can be managed systematically; reforms in the financial management regulations are conducted step by step in accordance with the age in order to strengthen the financial management; in government accounts, it is included financial matters regarding income and expenditure of the State Fund and Debt, Deposit and Suspense Accounts in conjunction with the Union Budget (Non-Budget); Auditors of Audit Offices are required to audit whether Non-Budget of Government Organizations are supervised and controlled effectively and systematically by the responsible persons in accordance with the section 11 (q) of the Auditor General of the Union Law; therefore it is required to emphatically note the discussion points of today on the Non-Budget, and to raise questions and exchange views in return, and thus apply it in conducting audit.
Then, Daw Thin Thin Maw, Director of the Budget Department, Ministry of Planning and Finance discussed the Debt, Deposit and Suspense Accounts in conjunction with the Union Budget (Non-Budget) in 8 Parts: the meaning of Non-Budget; cause of the need to prepare Non-Budget; financial matters included in Non-Budget, the difference between Budget and Non-Budget, account heads in Non-Budget; getting sanctions; prescription of financial rules; maintaining accounts and auditing.
Then, Union Auditor-General, Deputy Permanent Secretary, Deputy Directors-General, Officials and other attendees raised questions and exchanged knowledge and experiences of the working place.
The discussion was attended by Deputy Permanent Secretary, Deputy Directors-General, Staff Officers and Senior Auditors totalling 140 not only from Assembly Hall but also virtually from two training school rooms and the Myanmar Accountancy Council Office in accordance with the Covid-19 Prevention Rules. —MNA