The Auditor-General is empowered to audit the accounts of the Government and public authorities and bodies administering public funds as prescribed under the law. Where it is not provided for under any written law, the Auditor-General may audit the accounts of the public authority or body with the Minister’s consent. Also, the Auditor-General may conduct “follow-the-dollar” audits on non-Government entities under the Minister’s direction. Each year, the Auditor-General’s Office (AGO) produces the following reports:
i. Report of the Auditor-General submitted annually to the President and presented to Parliament;
ii. Audit opinion on the published financial statements of Government and statutory boards; and
iii. Management letters for each audit giving details of audit observations such as internal control weaknesses, operational inefficiencies and non-compliances with rules and regulations. These are sent to the auditees and their supervisory bodies.
The more significant audit observations are covered in the Report of the Auditor-General. These are typical observations which indicate malfeasance, lapses with significant financial impact, systemic or common lapses that may seriously weaken financial governance and controls if not corrected, or serve as useful learning points for improvements across the Whole-of-Government. Credit: The Auditor-General’s Office.
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