Section 23: Audit and accounts
The COMSATS Institute of Information Technology Ordinance, 2000 · Departmental Laws · Legal status not independently verified
Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.
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23. Audit and accounts. —(1) The accounts of the institute shall be maintained in such form and manner as may be determined by the Board. (2) The accounts of the Institute shall be audited each year within four months of the closing of the financial year of the Institute by a Chartered Accountant to be appointed by the Board. (3) The accounts of the Institute shall, together with the report of the auditor thereon, be submitted for approval of the Board. (4) The auditor's report shall certify that the auditor has complied with the standards of audit and certification laid down by the Institute of Chartered Accountants of Pakistan. (5) Each campus of the Institute shall have a separate fund and the accounts of such fund shall be maintained and audited on similar lines as the Fund of the Institute.
Effective date: 2000-01-01
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