Supposedly anomalous financial reporting by Tehmas Khan Football Ground Income-Expenditure Statement Raise Eyebrows

 

 

Peshawar: The financial management at Tehmas Khan Football Ground has come under question following an inspection of income and expenditure books. The Directorate of Sports Office, Peshawar provided a statement for the year 2022-23 which covered extra long reporting period from May 2022 to October 2023.

The normal financial year is July to June, but this report covers May 2022 to October 2023. The anomaly is not only against the conventional accounting norms but also gives an impression that the reporting has been fudged or done with some ulterior motives.

The graph of income and expenditure shows a peculiar pattern: the months of lower income are accompanied by the lower expenditure as well but whenever the income increases, so does the expenditure but disproportionately so. For example:

May 2022: Income Rs. 3,000 and expenditure Rs. 3,120 or net loss of Rs. 120.

August 2022: Income and expenditure at Rs. 39,200 and Rs. 34,655 or net surplus of Rs. 4,545.

February 2023: Income at Rs. 36,100, but expenditure shot up to Rs. 46,392 and suffered a net loss of Rs. 10,292.

April 2023: The entry reads "Ramzan" and does not provide any information and the space is not explained.

These fiscal irregularities are suggestive of oversight or even mismanagement. Why do expenses inflate when income is high? These are justifiable expenses or an indication of too much of a significant problem concerning a financial management issue?

The DSO Peshawar is being asked for a detailed audit from stakeholders and citizens, who demand more accountability. Till now, the Directorate has remained mum over such fiscal anomalies.

It is also mentioned that after one year of long time district sport office releases the statement but they didn't show the expenditure……

#TehmasKhanFootballGround #Peshawar #FinancialAudit #SportsBudget #DSOAccountability #Transparency #PublicFunds

Comments

Popular posts from this blog

Govt urge open wedding halls in KP, owners

Demand for an inquiry into the contracts and contracts awarded in the previous regime

Mohmand Bajaur Aman Cycle Race Promotes Peace and Local Talent