Malaysia legislation
Section 23
of Establishment Wakaf Management Board State Sabah Order 2018
Section 23
Account and audit
(1)
The Board shall keep or caused to be kept proper accounts and other records of its activities in accordance with accepted accounting principles and shall cause to be prepared a statement of its account for every financial year.
(2)
The account of the Board shall be audited annually by the auditors appointed by the Board with the approval of Majlis.
(3)
The Board shall within three (3) months after the end of each financial year have its account audited and transmitted to the Chairman of Majlis together with a copy of any observation made by the auditor appointed under subparagraph (2), as the case may be, on any account of the
Board.
(4)
The Chairman of Majlis shall cause a copy of every such account together with any observation made by the auditor appointed under subparagraph (2) on any statement or accounts of the Board to be laid on the meeting of the Majlis.
Returns, reports, accounts and information