The Nauru Department of Audit has reached a milestone by tabling in Parliament the public accounts of the 2013/2014 financial year.
This confirms the Waqa Government’s commitment to international standards of transparency and accountability.
In delivering the Government’s budget, Minister for Finance Hon David Adeang, MP said the completion of the audit was the result of close and successful collaboration between his office, Department of Finance and the Department of Audit.
The Auditor General and his department are continuing to work with the Department of Finance in finalising the auditing of 2014/2015 annual public accounts, which are scheduled to be tabled in Parliament by the end of September 2017.
The Ministry of Finance anticipates the 2015/2016 accounts to be audited by December 2017.
The backlog of audits had been exacerbated by the Department of Audit being hampered by a lack of qualified and experienced staff.
However, that void has since been overcome by the Pacific Association of Supreme Audit Institutions (PASAI) which has been supporting the office of the Nauru Auditor General.
PASAI has also developed a regional program to ensure the Auditor General has ongoing support to help him finish this year’s audit of Nauru’s public accounts, as well as other audits.
The Minister applauds the Auditor General and his Department in assisting the Government in achieving its reporting goals going forward.