Tag: Office of the Auditor General

Auditor invites public opinion on oversight

Auditor invites public opinion on oversight

| 20/02/2018 | 18 Comments
(CNS): With plans to undertake five performance audits this year, looking at education, diversifying the economy, efficiency of the court system, improving financial accountability and transparency, and government’s use of outsourced services, the Office of the Auditor General is asking the public [...]

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PAC pats CFOs on back for ‘job well done’

PAC pats CFOs on back for ‘job well done’

| 26/01/2018 | 37 Comments
(CNS): Chief financial officers from government departments were congratulated by the chair of the Public Accounts Committee this week for a “job well done” after achieving clean audits for the first time since government changed its accounting system more than 12 years ago. Although app [...]

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Auditor general warns SAGCs are under strain

Auditor general warns SAGCs are under strain

| 23/01/2018 | 57 Comments
(CNS): Well over half of all statutory authorities and government companies that are managed as autonomous public sector entities are running at a loss and under considerable strain, the auditor general has warned. Sue Winspear said more than eight SACGs had ended the last five years with deficits i [...]

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Government still breaking spending rules

Government still breaking spending rules

| 17/01/2018 | 20 Comments
(CNS): The Office of the Auditor General (OAG) has concerns that government officials are still not following the proper process when it spends public money especially when contracting sole suppliers to do government business. In her latest report reviewing government’s financial reporting, al [...]

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CIG accounts almost there after a decade of trying

CIG accounts almost there after a decade of trying

| 17/01/2018 | 24 Comments
(CNS): The auditor general has produced a report analysing the government’s financial accounts for the year ending June 2016 and for the first time since the accounting system changed in 2005, none of the 42 entities audited received an adverse or disclaimed opinion and 30 managed an unqualif [...]

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Officials call for civil servants’ payoffs to be public

Officials call for civil servants’ payoffs to be public

| 16/01/2018 | 32 Comments
(CNS): Public Accounts Committee Chair Ezzard Miller and the auditor general have both said that the amount paid to senior civil servants who are let go from government should be made public because the people are ultimately footing the bill. With unsubstantiated claims from numerous sources that th [...]

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Transparency needed around concessions

Transparency needed around concessions

| 11/01/2018 | 26 Comments
(CNS): Auditor General Sue Winspear has commended government for improvements to public finance reporting but she is not giving the leaders a free pass, as there are still many areas that need improvement, especially when it comes to the collection of revenue and what government gives away. Winspear [...]

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Consultants and education in OAG sights

Consultants and education in OAG sights

| 08/01/2018 | 24 Comments
(CNS): Auditor General Sue Winspear has revealed that the use of consultant services by government will be one of the first performance audits to be published this year and that her office will also be taking a look at education spending with a view to producing a report before the end of 2018. Spea [...]

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Health remains costly challenge for CIG

Health remains costly challenge for CIG

| 08/09/2017 | 29 Comments
(CNS): The most recent financial report from the Health Services Authority has demonstrated that from health insurance cover issues to the management of the hospital’s accounts, as well as continued inefficiencies and access problems, managing healthcare in Cayman remains a major and costly ch [...]

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Land list published with PAC report

Land list published with PAC report

| 30/08/2017 | 34 Comments
(CNS): Following a meeting of the Public Accounts Committee earlier this month, PAC Chair Ezzard Miller was able to secure a copy of what has, until now, been the secret list of land parcels that the government plans to sell off. The fact that the government had not revealed the potential sales to t [...]

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CIG’s proposed land sell-off remains secret

CIG’s proposed land sell-off remains secret

| 29/08/2017 | 61 Comments
(CNS): Government’s plans to sell off crown land, even though the public purse is no longer in the red, raised concerns for the Public Accounts Committee (PAC) recently because the list of proposed sites that may be sold remains under wraps. Members asked why the list hasn’t been made public [...]

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