Section 29(2) in The Punjab School Education Board Financial Regulations, 1979
(2)The Board shall pay to the Government audit fee as determined by the Examiner, Local Fund Accounts in accordance with the standing orders of the Punjab Government.It shall also be the duty of the Audit Officer to prepare an Annual Audit Report on the accounts of the Board, certified by him to be correct.He shall see :(a)that the accounts of the Board are properly kept;(b)that the balances of funds shown therein agree with the bank balances;(c)that all payments are supported by proper vouchers and are covered by proper sanction; and(d)that all receipts and payments are properly classified ;
