The Public Accounts Standing Committee has released its detailed report on the proposed Audit Bill 2024, which aims to overhaul Fiji’s auditing framework by replacing the obsolete Audit Act of 1969. This significant legislation seeks to modernize financial oversight and ensure that government operations align with current governance standards.
A key objective of the Bill is to enhance the management of government finances, bolster the responsibilities of the Auditor General, and address critical issues identified in previous audits. Committee chairman Esrom Immanuel emphasized the importance of the new law, stating, “The main goal of the Act is to define the salary, duties, and powers of the Auditor General, as well as set rules for auditing public accounts.”
The legislation is crafted to ensure that Fiji’s audit practices meet international benchmarks, ultimately promoting enhanced transparency and accountability within government activities. A major point of modification in the report pertains to increasing the independence of the Auditor General’s office. Notably, an amendment has been made to Clause 6, replacing the term “Attorney General” with “Solicitor General.” Immanuel clarified that this change aims to ensure greater autonomy for the Auditor General, as the Attorney General serves as the legal advisor to the government.
Another critical recommendation from the committee requires the Office of the Auditor General to report any serious irregularities discovered during audits, shifting the language in Clause 17 from “may” to “must.” Immanuel highlighted the importance of this mandate, stating, “It is a must for the Office of the Auditor General to report any serious irregularities identified during the time of the audit, for transparency and accountability purposes.”
The Committee’s review process included extensive consultations with stakeholders and public hearings to understand the challenges faced by the Auditor General’s office better. As the Audit Bill progresses through Parliament, it represents a pivotal step toward establishing a more accountable and transparent public financial management system in Fiji. This change is vital for ensuring the effective operation of the Auditor General’s critical functions.
The Standing Committee on Public Accounts includes members Mr. Immanuel, Deputy Chair Sakiusa Tubuna, Jovesa Vocea, Alvick Maharaj, and Naisa Tuinaceva.
This proposed Audit Bill is a significant advancement for Fiji’s governance, reflecting a commitment to improved oversight and greater public trust in government operations. By strengthening the framework of accountability, the legislation paves the way for more responsible financial management, ultimately benefiting the citizens of Fiji.
Leave a comment