The Public Accounts Standing Committee has published a detailed report regarding the proposed Audit Bill 2024, a significant legislative measure intended to modernize Fiji’s audit framework by replacing the outdated Audit Act of 1969. This vital reform seeks to bring the nation’s financial oversight practices in line with modern governance standards.
The new bill emphasizes improved management of government finances, bolstering the Auditor General’s powers, and addressing critical issues uncovered in previous audits. According to Committee chairman Esrom Immanuel, the primary objective of this legislation is to clarify the salary, duties, and powers of the Auditor General while establishing guidelines for auditing public accounts.
Designed to align Fiji’s auditing practices with international standards, the bill aims to enhance government accountability and transparency. A notable focus within the report is the proposed changes to expand the powers of the Auditor General, including the important amendment in Clause 6, which changes the reference from ‘Attorney General’ to ‘Solicitor General’ to ensure greater independence in the Auditor General’s role.
Mr. Immanuel explained that since the Attorney General serves as the legal advisor to the Government, this amendment is crucial for maintaining independence. Furthermore, the Committee has made it mandatory for the Office of the Auditor General to report any serious irregularities discovered during audits, switching the wording from ‘may’ to ‘must’ in Clause 17. This change is pivotal for fostering transparency and accountability in government operations.
The Committee has conducted thorough investigations and consultations with stakeholders during its review process, gathering insights into the challenges faced by the Auditor General’s office. As the proposed Audit Bill moves forward in Parliament, it is set to create a more accountable and transparent public financial management framework in Fiji, allowing the Auditor General to effectively fulfill its essential responsibilities.
The Standing Committee on Public Accounts consists of Mr. Immanuel, Deputy Chair Sakiusa Tubuna, Jovesa Vocea, Alvick Maharaj, and Naisa Tuinaceva.
This development reflects a hopeful step toward improved governance in Fiji, demonstrating a commitment to nurture a financial environment characterized by transparency and accountability, which can foster trust and optimism among citizens.
Leave a comment