Hashtag: #AuditorGeneral

Debt Calculated From $2.4 Billion To $3.8 Billion

Debt Calculated From $2.4 Billion To $3.8 Billion

Bermuda’s most recent debt has been calculated at amounts ranging from $2.4 billion to $3.8 billion, with the first figure reflecting “the amount of debt borrowed less the monies in the sinking fund” and the second indicating the “difference between a government’s liabilities and financial assets.” $3.6 Billion Figure According... Read more of this article

Auditor General’s Report For 2011 To 2017

Auditor General’s Report For 2011 To 2017

Auditor General Heather Thomas has published the results of her Office’s work for the years ended 2011 to 2017, noting that there are 34 organizations falling under her mandate that were at least one year behind with their financial statements, with Ms Thomas urging the “Government to take all necessary steps to correct this situation.” The... Read more of this article

Auditor General On Govt Financial Statements

Auditor General On Govt Financial Statements

Auditor General Heather Thomas’ opinion on the financial statements of the Consolidated Fund of the Government of Bermuda for the year ended March 31, 2018, is included in the financial statements tabled in the House of Assembly yesterday [Dec 14] by the Minister of Finance. “My responsibility is to express an opinion on the financial statements... Read more of this article

Tax Arrears Of $90.6 Million As Of March 2016

Tax Arrears Of $90.6 Million As Of March 2016

“As at March 31, 2016, the amount of payroll, hotel occupancy, corporate services and land taxes greater than 90 days in arrears was $90.6 million,” according to the recently released Auditor General’s report. The report said, “As the unfunded liability increases, arrears of payroll and other taxes and pension contributions also... Read more of this article

Auditor General Report On Consolidated Fund

Auditor General Report On Consolidated Fund

“Government should make getting to grips with the debt and the deficit its highest priority,” Auditor General Heather Thomas said today [Aug 10], as she released the results of her Office’s audits of the Consolidated Fund’s financial statements for the years ended March 31, 2013 to 2016. In releasing the report, the Auditor General’s... Read more of this article

Auditor General On Consolidated Fund

Auditor General On Consolidated Fund

Auditor General Heather Thomas’s opinion on the financial statements of the Consolidated Fund of the Government of Bermuda for the year ended March 31, 2017, is included in the financial statements tabled in the House of Assembly  by the Minister of Finance. “As a result of the audit work carried out, I was able to conclude that the financial statements... Read more of this article

Auditor General’s Progress One Year Later

Auditor General’s Progress One Year Later

“It is now one year since I took office as the Auditor General of Bermuda. The time has gone very quickly,” Heather Thomas said. “I know and understand that our next audit reports are eagerly awaited. We continue to work hard on completing them. As detailed below, I hope to publish at least one report in the next couple of months. “I... Read more of this article

Auditor General Highlights Her Office’s Mandate

Auditor General Highlights Her Office’s Mandate

Auditor General Heather Thomas has taken the time to clarify her office’s mandate as defined in the Bermuda Constitution and the Audit Act 1990. A spokesperson said, “The Auditor General, Ms. Heather Thomas responds to questions about the mandate of the Office of the Auditor General, the audits she conducts and her activities. “The... Read more of this article

Jacobs Matthews To Retire As Auditor General

Jacobs Matthews To Retire As Auditor General

Government House today [May 10] announced that Mrs Heather Jacobs Matthews will finish up as Auditor General of Bermuda on Wednesday, 11 May 2016. “Ms Heather Thomas will take up her duties as Auditor General as of Monday, 6 June 2016. During the interregnum, Mr Claude Nantel [12 to 19 May] and Ms Tracey Pitt [20 May to 5 June] will be Acting... Read more of this article

Derrick Burgess Responds To Auditor’s Report

Derrick Burgess Responds To Auditor’s Report

MP Derrick Burgess — the former Minister of Works and Engineering — has addressed what he said was a “number of inaccurate and misleading statements” in the Auditor General’s Report, saying it “is important to set the record straight.” Part of the introduction of Mr Burgess’ response to the Auditor General’s... Read more of this article

‘Is Right That These Should Be Fully Investigated’

‘Is Right That These Should Be Fully Investigated’

Governor George Fergusson welcomed the announcement of the proposed Commission of Inquiry into the issues raised by the Auditor General’s report, saying “the report raised serious concerns” and “it is right that these should be fully investigated and recommendations made.” The Auditor General’s report on the Government’s... Read more of this article

PLP Welcome News Of Commission Of Inquiry

PLP Welcome News Of Commission Of Inquiry

The PLP said they welcome the news that a Commission of Inquiry will be formed to investigate the findings of the Auditor General’s report as they “agree that any corruption, malfeasance or unethical behavior must be identified and punished regardless of whether the perpetrators are PLP, UBP or OBA,” Acting PLP Leader Dennis Lister... Read more of this article

Commission Of Inquiry Into Auditor’s Report

Commission Of Inquiry Into Auditor’s Report

[Updated with video] A Commission of Inquiry will be formed “to investigate the issues raised” in the Report of the Auditor General, Premier Michael Dunkley announced today [Dec 29]. The Auditor General’s report on the Government’s Consolidated Fund for the years ended March 31, 2010, 2011 and 2012, included information on instances... Read more of this article