Annual general report of the controller and - Parliament of Tanzania

• No monthly bank reconciliations are being done. This
increases the risk of failure to detect errors and unusual
cash transactions on time. Also, irregularities in the
bank statements and cash book may go unnoticed.
Recommendations
• The Board of Directors and the Chief Executive Officers
of the respective Public Authorities should ensure that
effective Internal Control Systems are in place and
being instituted.
• The Board of Directors and the Chief Executive Officers
of the respective Public Authorities should ensure that
all cancelled cheques are handled with due care to
avoid misuse by unscrupulous people and the same
should be preserved for audit verification.
14.5 Performance review
Our review of performance of Public Authorities and other
Bodies revealed that there are many and diverse challenges
facing the performance of Public Authorities. Some of the
identified major challenges are:-
Bureaucracy in executing policy guidance, legal advice by
responsible authorities, lack of capacity and independence
of the office of the Treasury Registrar which is still
operating under the Ministry of Finance and Economic
Affairs contrary to the Treasury Registrar Ordinance Cap….
which established it, lack of entrepreneurial organizational
culture, lack of competent management and
professionalism, also lack of capacity of Sectoral Ministries
to monitor and evaluate the performance of PA&oBs under
their jurisdiction.
Recommendations
• Board of Directors and the Chief Executive Officers
of the respective Public Authorities should ensure
that they institute an entrepreneurial organization
culture, competent management and
professionalism.
___________________________________________________________
Office of the Controller and Auditor General PA&oBs 2007/08 235