Essay about A Review of the Last Two Auditor General's Report of Belize

1990 Words 8 Pages
This paper provides a review of the last two Auditor General’s Reports of Belize, namely for the years 2010 and 2011; this was done with a view to evaluate the extent to which the issues identified for improvements have been resolved and what international guiding principles if any were used in the preparation of the reports. In order to determine this, a comparison of both reports had to be conducted to identify the most glaring issues in the first report and note if they were repeated in the subsequent period. It reviewed Issues involving compliance with financial regulations accountability and reliability matters emanating from the Auditor General’s Report and present approaches in which it can be enhanced.



Introduction

The Office of the Auditor General was established under Section 109 of the Belize Constitution, Chapter 4 of the Laws of Belize, Revised Edition 2000. The Office of the Auditor General is managed by the Auditor General who is appointed by the Governor-General, acting on the recommendation of both Houses of the National Assembly.
The Office of the Auditor General in carrying out its mandate, examines all of the various accounts that falls under the purview of ministries, departments and other public authorities as prescribed by law. In accordance with Section 120 (4) of the Belize Constitution and Section 16 (1) of the Finance and Audit (Reform) Act no 12 of 2005 the Auditor General is mandated to prepare an annual report documenting those…