Tag: Sue Winspear

35 public audits meet deadline but legacy issues roll on

35 public audits meet deadline but legacy issues roll on

| 05/05/2021 | 7 Comments

(CNS): The auditor general, Sue Winspear, has confirmed that the financial audits of 35 public sector entities were completed and all received unqualified audit opinions by the statutory deadline of 30 April. This represents a significant improvement on public sector financial reporting from days gone by, and Winspear highlighted the work of the outgoing Public […]

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OAG: Budgets are opaque and complex

OAG: Budgets are opaque and complex

| 18/12/2020 | 46 Comments

(CNS): The government’s budget process is neither effective nor transparent and needs significant improvement to make it more simple and accountable, the auditor general has said in her latest report. Sue Winspear said that limited progress has been made in addressing the concerns her office has raised for more than seven years about how government […]

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Turtle farm accounts delayed by fraud case

Turtle farm accounts delayed by fraud case

| 18/11/2020 | 34 Comments

(CNS): The delayed release of three years worth of the Cayman Turtle Centre’s accounts was due to a “very complex” audit resulting from financial irregularities uncovered in 2017, the Public Accounts Committee heard Wednesday. Four people have been charged with fraud-related offences in the case of corrupt procurement at the government-owned farm that has sucked […]

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OfReg costs more, fails to protect consumers

OfReg costs more, fails to protect consumers

| 23/06/2020 | 89 Comments

(CNS): Three years after the creation of OfReg, auditors have taken a close look at the beleaguered utilities regulator and found that it has cost more than its predecessors but has failed to address its fundamental purpose of consumer protection. Inconsistent leadership, limited governance and oversight, a lack of strategic planning and direction or understanding […]

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Auditors keep eye on public cash

Auditors keep eye on public cash

| 09/06/2020 | 12 Comments

(CNS): A new report released by the Office of the Auditor General (OAG) Tuesday outlines its plans to keep an eye on government’s handling of public cash during the COVID-19 pandemic. Although this year’s audit plan has changed, Auditor General Sue Winspear said the document sets out the basic principles guiding the OAG and its […]

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Gov’t bean counters make audit deadline

Gov’t bean counters make audit deadline

| 02/05/2020 | 8 Comments

(CNS): Twenty-eight public sector entity audits have met the the 30 April statutory deadline and have all received unqualified audit opinions. Despite the disruption caused by the coronavirus to government business and the majority of offices being closed, over half the entities required to do so have completed their legal obligation, which Auditor General Sue […]

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OfReg accused of wasting more public cash

OfReg accused of wasting more public cash

| 05/03/2020 | 80 Comments

(CNS) Updated with correction: The utilities regulator, OfReg, which has already faced criticisms for its lavish spending of public cash while failing to address any of the issues it was created to tackle, wasted well over CI$200,000 in 2018 on renting an office it never used. The regulator also exceeded its travel budget for that […]

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Civil service pay-offs still causing audit concerns

Civil service pay-offs still causing audit concerns

| 03/03/2020 | 31 Comments

(CNS): Government’s efforts to keep a lid on the details of the pay-offs it has made, and continues to make, to senior civil servants who have left the public sector under questionable circumstances are still raising issues for the Office of the Auditor General. In her latest report looking at government finances, Auditor General Sue […]

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NRA spending not properly controlled

NRA spending not properly controlled

| 01/03/2020 | 53 Comments

(CNS): The National Roads Authority has been spending large sums of cash without following the proper tendering process, the Office of the Auditor General found in a review of the authority’s financial reports. The NRA has spent public cash on marl, crosswalks and other equipment without putting the pricey contracts out to competitive bids. The […]

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Watchdogs share experience on public cash oversight

Watchdogs share experience on public cash oversight

| 19/12/2019 | 5 Comments

(CNS): As the Public Accounts Committee gears up to review three auditor general reports in the New Year, highlighting government’s ongoing failings when it comes to managing public cash, the major players responsible for oversight made a recent trip to the UK, where they shared experiences with others in the field. PAC Chair Ezzard Miller, […]

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OAG calls for improved contract management

OAG calls for improved contract management

| 04/07/2019 | 27 Comments

(CNS): The Office of the Auditor General found that government could save public cash with better management of services contracted out to the private sector. In her latest report, which examined the main service areas where core government uses the private sector, such as gardening and school buses, Auditor General Sue Winspear again found numerous […]

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