Government
Frequently Asked Questions

 

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+Who is the Auditor General?

Mr. Terrance S. Bastian, CPA
+How is the Auditor General appointed?

The Auditor General is appointed by the Governor-General by instrument under Public Seal, acting on the recommendation of the Public Service Commission made after the Commission has consulted with the Prime Minister. (Section 136 (2) - Constitution of the Commonwealth of the Bahamas)
+Where are the Auditor General's reports submitted?

The Auditor General submits his reports to the Speaker of the House of Assembly or if the office is vacant or the Speaker is for any reason unable to perform the functions of his office, to the Deputy Speaker, who shall cause the reports to be laid before the House of Assembly.
+Who does the Office of the Auditor General audit?

All Government Offices, Ministries, Departments, Agencies, any entity who is entrusted with, collects or spends Government  funds shall be audited and reported on by the Auditor-General who, with his subordinate staff, shall at all times be entitled to have access to all books, records, returns and reports relating to their transactions. The Auditor General also conducts pre-audits of pension and gratuity benefits.
+What types of audits are carried out by the Auditor General?

The Auditor General conducts, Financial Audits, Revenue/ Expenditure Audits, Compliance Audits, Special Audits and new initiatives: Performance Audit and Environmental Audits.
+Does the Auditor General audit private entities?

No. The Auditor General does not audit any entity outside the Government’s purview.
+What action does the Auditor General take with respect of issues of      concern in the Auditor General's Report?

It is the responsibility of the executive management of the audit entity to take action on matters raised in  the Auditor General’s report.
+Who audits the accounts of the Auditor General?

The accounts of the Office of the Auditor General are audited and reported on by the Minister of Finance.
+How many persons are employed in the Office of the Auditor General?

Approved Staff establishment is 79.  Cabinet has also approved ten [10] contract positions. Number of persons currently on staff is 48. 
+When is an audit report made available to the public?

A report finalized by the Auditor General is only made available to the public after it has been tabled in the House of Assembly. 
+What is an audit report and how often is a report generated?

An audit report is a report issued by the Auditor General expressing an opinion on the basic financial statement or the operations of a Government entity. These reports are generated upon the completion of each audit.
+How are Ministries/Department selected for an audit?

All Ministries / Departments, Government entities are scheduled to be audited and reported on at least once in every year. If there is an area of concern, this area will be immediately investigated by the Auditor General.
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