Annual general report of the controller and - Parliament of Tanzania
Annual general report of the controller and - Parliament of Tanzania
Annual general report of the controller and - Parliament of Tanzania
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FOREWORD<br />
I am pleased to present my 2007/08 annual <strong>general</strong> <strong>report</strong> on <strong>the</strong><br />
audit <strong>of</strong> Public Authorities for <strong>the</strong> year ended 30 th June, 2008.<br />
This <strong>report</strong> presents a compiled version <strong>of</strong> individual <strong>report</strong>s on<br />
<strong>the</strong> audit <strong>of</strong> Public Authorities. In this, <strong>the</strong> highlights <strong>of</strong> pertinent<br />
issues that impede <strong>the</strong> efficiency <strong>of</strong> Public Authorities in<br />
discharging <strong>the</strong> establishment objectives are presented.<br />
The intent <strong>of</strong> this <strong>report</strong> is to inform <strong>the</strong> Executive, Legislature,<br />
Judiciary, Development Partners <strong>and</strong> <strong>the</strong> General Public at large<br />
about <strong>the</strong> main findings, conclusions <strong>and</strong> recommendations drawn<br />
by me on <strong>the</strong> performance <strong>of</strong> Public Authorities during <strong>the</strong> year<br />
2007/2008. In <strong>the</strong> era <strong>of</strong> increased need for accountability,<br />
transparency <strong>and</strong> good governance, informed decisions are very<br />
vital. To this end <strong>the</strong>refore I prepare this <strong>report</strong> to ensure that<br />
decision makers in <strong>the</strong> country are served with relevant, <strong>and</strong><br />
uptodate information <strong>and</strong> with technical recommendations on <strong>the</strong><br />
financial <strong>report</strong>ing <strong>and</strong> public resources management <strong>of</strong> <strong>the</strong> Public<br />
Authorities <strong>and</strong> O<strong>the</strong>r Bodies in <strong>the</strong> country. I have prepared this<br />
<strong>report</strong> in compliance with Article 143 <strong>of</strong> <strong>the</strong> Constitution <strong>of</strong> <strong>the</strong><br />
United Republic <strong>of</strong> <strong>Tanzania</strong>.<br />
To ensure that work <strong>of</strong> <strong>the</strong> CAG adds value in <strong>the</strong> economic<br />
development <strong>of</strong> <strong>the</strong> country, we have been reviewing our audit<br />
approaches to ensure that <strong>the</strong> <strong>report</strong>ed findings meet <strong>the</strong><br />
expectations <strong>of</strong> our stakeholders. Capacity building <strong>of</strong> our<br />
Auditors has been an area <strong>of</strong> first priority in ensuring<br />
underst<strong>and</strong>ing <strong>of</strong> relevant laws, regulations, circulars, directives<br />
<strong>and</strong> various emerging issues both locally <strong>and</strong> globally such as<br />
those <strong>of</strong> <strong>the</strong> ongoing reforms in financial <strong>report</strong>ing frameworks<br />
issued by <strong>the</strong> International Federation <strong>of</strong> Accountants (IFAC),<br />
INTOSAI <strong>and</strong> o<strong>the</strong>r pr<strong>of</strong>essional bodies to which my <strong>of</strong>fice is a<br />
member.<br />
It is worth noting that while <strong>the</strong>re is a key role for oversight<br />
organs to play in overseeing compliance with laws, regulations<br />
<strong>and</strong> procedures in public entities, ultimately, <strong>the</strong> responsibility<br />
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