i. Distinction Between Board of Survey and Board of Enquiry

• Board of Survey:
  A Board of Survey is conducted after the close of business on the last day of the financial year or before the commencement of the new financial year. The Board examines cash, bank balances, and other items held by the Accountant-General at Sub-Treasuries, Federal Pay Offices, and Cash Offices in ministries and other governmental offices.
• Board of Enquiry:
  A Board of Enquiry is set up to investigate specific losses, fraud, or irregularities. It is formed when substantial losses occur, when collusion is suspected, or when there is uncertainty over officers’ responsibilities in the loss.

ii. Conditions for Constituting a Board of Enquiry

A Board of Enquiry is constituted under the following conditions:

1. Fraud is suspected or probable.
2. The loss is substantial.
3. Several officers are involved in the case.
4. The responsibility of the officers is not clearly defined.
5. The loss occurred over a period of time.
6. Collusion between officers is suspected.