Tag: Sue Winspear
![Gov’t paid only lip service to PAC’s reform advice Gov’t paid only lip service to PAC’s reform advice](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/11/Ezzard-Miller-chairs-PAC-Thursday-19-November.png?resize=150%2C150&ssl=1)
Gov’t paid only lip service to PAC’s reform advice
(CNS): The former chair of the Public Accounts Committee has said that, with the assistance of the auditor general, over the last few years PAC had significant success getting government’s accounts sorted out, but it was much less effective in achieving substantive reform and greater accountability in the area of value for public money.
![CIG fails on healthcare and welfare policies CIG fails on healthcare and welfare policies](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/06/George-Town-hospital.png?resize=150%2C150&ssl=1)
CIG fails on healthcare and welfare policies
(CNS): More than six years after the Office of the Auditor General first raised the alarm about the government’s failing social welfare system and almost five years after it warned that the health system was riddled with problems, no policies, plans or strategies have been implemented to address the myriad problems.
![Ministries still failing to report on cash collected Ministries still failing to report on cash collected](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2021/07/Matthew-Tibbetts-Ken-Jefferson-PAC-July-2021.png?resize=150%2C150&ssl=1)
Ministries still failing to report on cash collected
(CNS): Two of government’s most senior accountants, Financial Secretary Ken Jefferson and Accountant General Matthew Tibbetts, told Finance Committee Tuesday that work is underway to get each ministry to properly report on the coercive revenue they collect on their own books. Currently, funds that government entities collect from members of the public and businesses appear […]
![CIG struggling with EPS reporting on $1.1B CIG struggling with EPS reporting on $1.1B](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2021/05/Sue-Winspear.png?resize=150%2C150&ssl=1)
CIG struggling with EPS reporting on $1.1B
(CNS): The Cayman Islands Government collected almost CI$1.14 billion in revenue in 2019 but is still struggling to properly report how it collected and spent the significant amount of taxpayer dollars. In her latest report, Auditor General Sue Winspear said that when it comes to the Entire Public Sector (EPS) consolidated financial statements, the CIG […]
![CIG still failing on public cash transparency CIG still failing on public cash transparency](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2021/05/government-spending.png?resize=150%2C150&ssl=1)
CIG still failing on public cash transparency
(CNS): Government entities have not yet published more than one quarter of the financial reports outlining how they spent public money over the four year period, 2015–16 to 2019, covered in the latest report by Auditor General Sue Winspear. Despite significant improvement in government accounting, in many areas there is still a lack of transparency, […]
![35 public audits meet deadline but legacy issues roll on 35 public audits meet deadline but legacy issues roll on](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2016/03/Ezzard-Miller-Chair-of-Public-Accounts-Committee.jpg?resize=150%2C150&ssl=1)
35 public audits meet deadline but legacy issues roll on
(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 […]
![OAG: Budgets are opaque and complex OAG: Budgets are opaque and complex](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/12/Budget-confusing.png?resize=150%2C150&ssl=1)
OAG: Budgets are opaque and complex
(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 […]
![Turtle farm accounts delayed by fraud case Turtle farm accounts delayed by fraud case](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/11/Cayman-Turtle-Centre-sign.png?resize=150%2C150&ssl=1)
Turtle farm accounts delayed by fraud case
(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 […]
![OfReg costs more, fails to protect consumers OfReg costs more, fails to protect consumers](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/06/utilities-OfReg.png?resize=150%2C150&ssl=1)
OfReg costs more, fails to protect consumers
(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 […]
![Auditors keep eye on public cash Auditors keep eye on public cash](http://i0.wp.com/caymannewsservice.com/wp-content/uploads/2020/06/Face-mask-piggy-bank.jpg?resize=150%2C150&ssl=1)
Auditors keep eye on public cash
(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 […]