Hong Kong Regulations

CO-OPERATIVE SOCIETIES RULES - RULE 67

Audit of accounts

In pursuance of section 35 of the Ordinance, the accounts of every registered
society shall be audited once at least in every year by some person authorized
by the Registrar. Such person shall have access to all the books and accounts
of the registered society and shall examine every balance sheet and annual
return of the receipts and expenditure, funds and effects of the registered
society, and shall verify the same with the accounts and vouchers relating
thereto, and shall either sign the same as found by him to be correct, duly
vouched and in accordance with the Ordinance, and shall report to the
Registrar accordingly, or shall specially report to the Registrar in what
respects he finds the same incorrect, unvouched or not in accordance with the
Ordinance. The Registrar shall thereupon forward the report of such person to
the committee.