Auditor General's Report on the Public Accounts of Montserrat 2004

More documents

Recommendations

Info

PART III DUTIES AND POWERS OF AUDITOR GENERAL Duties of <strong>Auditor</strong> General 8. (1) The <strong>Auditor</strong> General shall inquire into, audit and report in an impartial manner on the accounts of Public Bodies, Statutory Bodies and Government Companies, and in his audit shall make such examination as he may deem necessary to satisfy himself whether - (a) accounts have been faithfully and properly maintained in accordance with generally accepted accounting standards, and that all reasonable precautions have been taken to safeguard the collection and custody of public moneys, and that these have been fully accounted for or paid, where so required by law, into the Consolidated Fund; (b) moneys which have been appropriated and disbursed have been applied to the purposes for which they were appropriated, and that expenditure has been made only as authorised; (c) moneys other than those which have been appropriated have been dealt with in accordance with proper authority; (d) all reasonable precautions have been taken to safeguard the receipt, custody, issue and proper use of cash, stamps, securities and public stores, and that the regulations, directions and instructions relating thereto have been duly observed; (e) sufficient relevant and reliable audit evidence is obtained to support the issue of a professional audit opinion on the financial statements of the organisations subject to audit; (f) expenditure is achieving value for money; 66
(g) adequate regulations, directions or instructions exist for the guidance of Accounting Officers and Accountable Officers, and are complied with; (h) proper returns have been submitted by Accounting Officers in accordance with the Finance (Administration) Act 2001; (i) the accounts are in agreement with the books of accounts and returns. (2) In the conduct of his duties the <strong>Auditor</strong> General shall comply with professional Auditing Standards to deliver a high quality audit service operating to best current practice. Advisory Role to Public Accounts Committee 9. (1) The <strong>Auditor</strong> General shall act in an advisory capacity to the Public Accounts Committee in the execution of its duties and powers provided for in section 4 of Order No. 65 of the Standing Order of Montserrat Legislative Council (SRO 6 of 1972). (2) In accordance with the provision of subsection (1) , the <strong>Auditor</strong> General shall - (a) advice the Chairman of the Public Accounts Committee on the matters selected for examination, and if requested to do so, explain the accounting principles involved to the whole Committee; (b) brief the Chairman of the Public Accounts Committee, and if requested, the whole Committee, on the items appearing in the Statements of Expenditure in Excess; and (c) brief the Committee on the Treasury minute and on progress made in implementing the Committee's previous recommendations. (3) In performance of his advisory functions the 67
Page 1 and 2:
REPORT OF THE AUDITOR GENERAL ON TH
Page 3 and 4:
TABLE OF CONTENTS ABBREVIATIONS USE
Page 5 and 6:
REPORT OF THE AUDITOR GENERAL ON TH
Page 7 and 8:
Description Amount (EC$) Consolidat
Page 9 and 10:
CHAPTER 1 1.0 INTRODUCTION 1.1 <str
Page 11 and 12:
1.4 Purpose of Audit Office 6. The
Page 13 and 14:
13. The first draft of the 2004 Ann
Page 15 and 16:
2.2 Movement of Assets and Liabilit
Page 17 and 18:
of realism of the budget and the ex
Page 19 and 20:
38. Table 3 below provides a compar
Page 21 and 22:
43. The Inland Revenue and the Cust
Page 23 and 24: 55. The graph below highlights expe
Page 25 and 26: Emergency Department 168,587 Legal
Page 27 and 28: 2.5 DEVELOPMENT FUND 2.5.1 Statemen
Page 29 and 30: to be done to ensure that all accou
Page 31 and 32: that GOM should have been making co
Page 33 and 34: 3.1.4 Recruitment Process and Appoi
Page 35 and 36: 110. We therefore reiterate that it
Page 37 and 38: deposited or overpaid. Most of this
Page 39 and 40: Location Amount Outstanding 2004 EC
Page 41 and 42: areas. Management should therefore
Page 43 and 44: 3.13 PUBLIC LIBRARY 3.13.1 Trust Fu
Page 45 and 46: 4.7 Montserrat Electricity Services
Page 47 and 48: CHAPTER 5 5.0 THE OFFICE OF THE AUD
Page 49 and 50: Revenue 175. The positive variance
Page 51 and 52: Working Paper Preparation Systems-b
Page 53 and 54: ACKNOWLEDGEMENT AND APPRECIATION Th
Page 55 and 56: Montserrat, and the sums expended h
Page 57 and 58: APPENDIX 1 GOVERNMENT OF MONTSERRAT
Page 59 and 60: CONSOLIDATED REVENUE FUND - 2004 An
Page 61 and 62: GOVERNMENT OF MONTSERRAT DEVELOPMEN
Page 63 and 64: CASHFLOW STATEMENT 2004 (with compa
Page 65 and 66: F. Expenditure Expenditure for Gove
Page 67 and 68: 10. Advances to Other Government Ad
Page 69 and 70: APPENDIX 2 NO. 07 OF 2001 AUDIT ACT
Page 71 and 72: "Public Body" for the purposes of t
Page 73: Auditor General in
Page 77 and 78: audit or any duties incompatible wi
Page 79 and 80: the provisions of section 10 (1)(d)
Page 81 and 82: Government together with any reserv
Page 83: APPENDIX 3 OFFICE OF THE AUDITOR GE
show all

Auditor General's Report on the Public Accounts of Montserrat 2004

Create successful ePaper yourself

Delete template?

Save as template?