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C.No 5(33)JUD/ST.Int-Audit/99                                                                                     Islamabad the 28th July,1999

The cost accountant in the CBR (sales tax wing) and in the Collectorates of sales tax will work under the administrative control of chief (sales tax ) and collector or the additional collector In charge of sales tax, respectively. Chief (sales tax) and officers, respectively.

Function to be performed by cost Accountant are as under:-

1. To develop selection criterion for audit of the taxpayers in coordination with the collector additional collector deputy collector /assistant collector (Audit);
2. To examine and tender this opinion on any audit report referred to him by deputy collector /assistant collector audit
3. To personally conduct audit of large taxpayers under special circumstances if so desired by collector additional collector (Audit)
4. To study the financial report referred to him of large companies prepared by their own auditors compare it with the taxpayers profile and submit his report to the additional collector (Audit) for further necessary action;
5. To ensure that the sector /Industry Notes are updated and are relevant at all times through liaison with CBR .also to suggest updating modifications and amendments therein for CBR’s approval (through the collector);
6. To ensure that the audit manual is updated and is relevant at all times through liaison with CBR also the suggest updating modifications and amendments therein for CBR’s approval (Through the collector);
7. To responsible for the tr4aining of all audit officers &staff and audit managers with in the Collectorate the training will include:-

1. Guidance on costing techniques and analysis for financial statements;
2. Calculation of installed capacity and operating capacity of industrial units;
3. Comparative sectoral studies with reference to input tax and output tax ratios
4. Calculation of input output coefficients and percentages of wastage;
5. Critical examination of the declared value of supply with reference to input cost inventory and value addition at various stages of activity
6. Critical examination of the declared turnover as filed under the sales tax act and /or the companies ordinance and
7. Computerized auditing and audit of computer records

1. Any other assignment given by the CBR or the collector the additional collector (Audit) or any reference made or advice sought by deputy collector assistant collector (Audit ) for achieving the purposes of sales tax Act, Law and procedures thereof.

The cost accountant will be a resource person for the Collector in respect of tendering professional advice in the matters relating to audit training of senior auditors auditors and other officials of Collectorate. He will be required to tender prompt and comprehensive advice whenever requested for the same by the collector additional collector deputy collector assistant collector.