875. Accounting system.

The financial year ends on 31 March1. The accounting system has regard not to the date on which a payment becomes due but to that on which it is made. Thus payment of a bill for services completed before 31 March, but which is not presented until 1 April, falls into the financial year subsequent to that in which the expense was incurred. The Comptroller and Auditor General will call the attention of the Committee of Public Accounts