How often are the Authority’s accounts audited?

According to the PERA Force Laws, the accounts of the Authority are audited annually by the Auditor General of Pakistan. Annual audits ensure that the financial records, receipts, and expenditures of the Authority are reviewed once every financial year, maintaining transparency, accountability, and compliance with legal standards. Regular annual audits allow for the identification of discrepancies, monitoring of budget utilization, and verification that resources are managed efficiently. Options such as every six months, quarterly, or once in five years are not applicable under the law. By mandating an annual audit, Section 72 guarantees that the Authority’s financial operations are properly scrutinized, fostering public trust and ensuring adherence to statutory requirements.