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Report No 53 of the Director of Audit
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     The Report of the Director of Audit on the Accounts of the Government of the Hong Kong Special Administrative Region for the year ended March 31, 2009 and Report No 53 of the Director of Audit on the results of value for money audits completed between March and September in 2009 were tabled in the Legislative Council this morning (November 25).

     The Report on the Government Accounts provides an overall assurance that the financial statements properly present the assets and liabilities of the Government as at March 31, 2009 and the receipts and payments for the year then ended.

     Value for money audit is an examination into the economy, efficiency and effectiveness  with which any bureau of the Government Secretariat, department, agency and other public body has discharged its functions.  Report No 53 of the Director of Audit covers a variety of subjects on the administration of government programmes and provisions of public services.

     Report No 53 comprises the following 11 chapters:

Chapter                              Subject
-------                             ---------
1             Administration of the Sports Subvention
              Scheme
2             Assessment and collection of rates and
              government rent
3             Construction works under Castle Peak
              Road Improvement Project
4             Control of Chinese medicines
5             Control of western medicines
6             Financial assistance schemes for
              post-secondary and tertiary
              students
7             Hong Kong Productivity Council:
              Corporate governance and administrative
              issues
8             Hong Kong Productivity Council:
              Management of projects and services
9             Office of the Privacy Commissioner for
              Personal Data
10            Provision of a bypass in Tuen Mun West
11            Wider use of water-cooled
              air-conditioning systems

     The Report of the Director of Audit on the Accounts of the Government for the year ended March 31, 2009, and Report No 53 on the results of value for money audits are available on the Audit Commission's website at (http://www.aud.gov.hk).

Ends/Wednesday, November 25, 2009
Issued at HKT 11:01

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