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 Accounts2 to any case in which he has reason to believe payment was deliberately postponed
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