What does AGPR mean in ACCOUNTING
The Accountant General of Pakistan Revenue (AGPR) is a department under the Ministry of Finance working to ensure accurate recording and reporting of receipts, payments, and accounting transactions in the government offices. AGPR is responsible for managing over Rs 1.4 trillion of public funds to ensure fiscal discipline and comply with financial regulations.
AGPR meaning in Accounting in Business
AGPR mostly used in an acronym Accounting in Category Business that means Accountant General of Pakistan Revenue
Shorthand: AGPR,
Full Form: Accountant General of Pakistan Revenue
For more information of "Accountant General of Pakistan Revenue", see the section below.
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Essential Questions and Answers on Accountant General of Pakistan Revenue in "BUSINESS»ACCOUNTING"
What does AGPR do?
AGPR is responsible for managing over Rs 1.4 trillion of public funds to ensure fiscal discipline and comply with financial regulations. Furthermore, it also performs audits on government agencies to evaluate their financial management practices.
Who oversees AGPR?
AGPR is under the oversight of the Ministry of Finance.
How large is its budget?
Its budget exceeds Rs 1.4 trillion annually.
What types of audits does AGPR conduct?
AGPR conducts audits to evaluate how well government agencies are able to manage their finances, as well as inspecting accounts and bank statements when necessary.
Is it legally responsible for government funding?
Yes, by law, all government revenues must be reported to the AGPR before they can be spent or transferred elsewhere. This ensures that all payments are properly recorded and audit trails are maintained in order to maintain fiscal discipline within the government system.
Final Words:
The Accountant General of Pakistan Revenue (AGPR) serves an important role in ensuring that public funds are managed appropriately by maintaining fiscal discipline and overseeing how these funds are used within different government agencies. It is essential for governments around world that public resources are managed efficiently and transparently.
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