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Auditor-General’s Reports Released

Some ministries and departments have improved their financial management, says Auditor-General Tevita Bolanavanua. But he adds in his 2013 Report “there remains a lot of work to improve the requirements
21 Oct 2014 13:25
Auditor-General’s Reports Released

Some ministries and departments have improved their financial management, says Auditor-General Tevita Bolanavanua.

But he adds in his 2013 Report “there remains a lot of work to improve the requirements of all stakeholders.”

It was tabled in Parliament last Friday with other reports from 2007 to 2012.

The 2006 Report will be tabled soon.

Issues raised on the Whole of Government (WOG) Financial Statement for 2013 are:

-Inadequate systems of internal control over cash at bank which had an impact on cash at bank totaling $25.5 million.

-Accounts receivables balance of $18.7m as at December 31, 2013, was not supported with reconciliations.

– No record was provided to validate $2.4m relating to accountable advances for the Department of Agriculture as part of total prepayment and accrued income of $4.3m as at December 31, 2013.

Mr Bolanavanua said all 35 ministries and departments appropriated in the 2013 Appropriation Decree submitted their draft agency financial statements for audit on time as required under section 70 (3).

Out of the agency financial statements audited, 18 were issued unqualified audit opinions while 17 were qualified.

“Most issues qualified were the same as those highlighted in 2012, but at a lesser extent as some ministries and departments have shown much improvement,” he said.

MPs received their copies of the reports yesterday.

Feedback: nemani.delaibatiki@fijisun.com.fj

 

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