ADVOKS GLOBAL · KENYA
The Charter for Kaimosi Friends University
29. Accounts and Audit
Edition: 2022-12-31 · In force
29. Accounts and Audit
(1)The Council shall cause to be kept all proper books of accounts of the income, expenditure and assets of the University.(2)Within a period of three months after the end of each financial year, the Council shall submit to the Auditor-General, the accounts of the University together with—(a)a statement of income and expenditure during that financial year; and(b)a statement of the assets and liabilities of the University on the last day of that financial year.(3)The accounts of the University shall be audited and reported upon in accordance with the provisions of the Public Audit Act (Cap. 412B) and any other relevant law.(4)The Auditor-General may transmit to the Cabinet Secretary a special report on any matters incidental to his powers under this Charter, and the Public Audit Act (Cap. 412B).