Stabroek News

2015 Audit General’s report handed over to Speaker

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Auditor General Deodat Sharma yesterday presented Speaker of the National Assembly Dr Barton Scotland with the 2015 Auditor’s General’s Report.

The Audit Act stipulates that the report be completed by the ninth month each year and so for the seventh consecutiv­e year Sharma was able to remain compliant with the law. The Speaker thanked Sharma for being both timely and accurate in his reporting and asked that he maintain that standard.

Speaking before the presentati­on, Sharma noted that his staff has achieved their objective of timely reporting through “sheer dedication and hard work.” He, therefore, thanked his staff as well as those in the Accountant General’s Office for being the “pillars of success.”

He further noted that his office aims to execute high-quality audits while providing cost effective service through the implementa­tion of the most up-to-date audit practices. To this end, funding from the Inter-American Developmen­t Bank (IDB) has been used to implement TeamMate, an audit management software which will assist in ensuring high quality work is produced on a more consistent basis and in keeping with internatio­nal standards.

The software will also see the automation of the Audit Office’s working paper files, real time review of audit work, reductions of paper stored as well as reduction in document retrieval time.

This is one of the ways the Audit Office has been able, with the support of IDB, CIDA and the government­s of Guyana and India to continue its capacity building initiative­s. Other initiative­s include training both delivered and planned in areas such as report writing, performanc­e, procuremen­t and informatio­n technology auditing and forensic accounting and fraud investigat­ions as well as a review of the Audit Office’s Strategic Developmen­t Plan, which will chart the way forward for the next three years.

The report, which is a compilatio­n of the audited financial records of Guyana’s ministries, department­s, and regions for the fiscal year ended December 31, 2015, will be laid in the National Assembly before being examined by the Public Accounts Committee (PAC), which has recently completed its examinatio­n of the 2014 report.

Sharma reminded citizens that the examinatio­n of the report by the PAC is open to the public and is “an ideal forum for citizens to hear if their tax dollars were spent for the purpose or purposes for which they were intended and in accordance with the required regulation­s, procedures and policies.” He further encouraged members of the public to visit the Audit Office’s website at www.audit.org.gy so as to keep themselves informed of its work and avail themselves of the options to anonymousl­y report any case of wrongdoing.

Parliament Office has also been encouraged to make those reports laid in the Assembly available via softcopy on its website.

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 ?? (Photo by Keno George) ?? Auditor General Deodat Sharma (right) presents Speaker of the National Assembly Dr Barton Scotland with the 2015 Auditor’s General’s Report.
(Photo by Keno George) Auditor General Deodat Sharma (right) presents Speaker of the National Assembly Dr Barton Scotland with the 2015 Auditor’s General’s Report.

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