The National Fire Authority (NFA) has faced challenges in maintaining adequate records for fixed asset verification, particularly as of July 31, 2016. CEO Sowane Puamau addressed these concerns during a hearing with the Standing Committee on Public Accounts concerning the 2021-2022 audit report for various statutory authorities. He indicated that the audit was not invited to observe the annual inventory physical counting and verification conducted by management, leading to an inability to confirm inventory quantities through alternative means. Notably, stock take reports were not provided for audit review.
Puamau noted that issues persisted in reports from 2016 to 2018 due to the absence of the Auditor General’s office during board surveys and inventory counts. Consequently, the internal stock take report was not accepted, highlighting a significant gap in financial oversight.
In response to these findings, the NFA has since 2019 taken remedial action by inviting the Auditor General’s office to participate in annual surveys and inventory checks, resulting in improved record-keeping and enhanced storage solutions, including document indexing.
This initiative aligns with broader efforts by various authorities, such as Energy Fiji Ltd (EFL), which has also faced scrutiny for fixed asset management and the need for regular verification processes to ensure financial integrity. As authorities address these challenges, there is hope for substantial improvement and enhanced accountability in their operations.
The proactive measures being implemented by the NFA showcase a commitment to resolving past issues while strengthening operational efficiency and integrity. Continued transparency and collaboration with oversight bodies will be crucial in fostering public trust and ensuring effective governance moving forward.
Leave a comment