The last financial account audited for the i-Taukei Affairs Board by the Office of the Auditor-General (OAG) dates back to 2007. This information was disclosed by Auditor-General Finau Nagera during her presentation to the Public Accounts Committee about the Ministry of i-Taukei Affairs, focusing on the review of the 2020, 2021, and 2022 Audit Reports concerning the General Administration Sector.
Nagera mentioned that the OAG is still waiting for the draft financial statements for 2008 and subsequent years to be submitted for auditing. She indicated that these outstanding reports will be outsourced to external accounting firms.
The OAG expressed satisfaction with the progress of the financial reports from the Provincial Council, noting that the reports are currently only a few years behind. Nagera stated that they plan to finalize the financial accounts for 2019, 2020, 2021, and 2022 within the current financial year.
She elaborated that there are 56 draft financial reports the OAG aims to audit, which will be carried out internally and will not be outsourced. Furthermore, the OAG plans to finalize the 2023-2024 financial report in the next financial year (2024-2025) to ensure all provincial councils are up to date.
Nagera emphasized that the Ministry of i-Taukei Affairs has a supervisory responsibility as the line ministry for the i-Taukei Affairs Board and each provincial council, ensuring timely accountability and reporting. This obligation extends not only to the Ministry but also to the OAG, the Standing Committee on Public Accounts, and indirectly to Parliament, which allocates funding to these councils.