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Auditor General’s Office Closed Due To Covid-19

Auditor General’s Office Closed Due To Covid-19

The Office of the Auditor General is advising the public that their office will be closed until further notice after a staff member tested positive for Covid-19. A spokesperson said, “The Office of the Auditor General can confirm that they were notified yesterday, September 14, 2021, a staff member tested positive for Covid. The physical office... Read more of this article

‘Concern About Backlog Of Unaudited Accounts’

‘Concern About Backlog Of Unaudited Accounts’

The Auditor General “expressed her concern about the backlog of unaudited accounts” and “called on the Government to take the necessary action,” noting that “roughly, 35 publicly funded entities have approximately 131 years of financial statements in arrears.” “Negative Impact Of These Accounts On The Overall... Read more of this article

Auditor General’s Office Extends Condolences

Auditor General’s Office Extends Condolences

The Auditor General and her Office extended their condolences to the family of Larry T. Dennis. A spokesperson said, “Larry Dennis was Bermuda first appointed and longest serving Auditor General of Bermuda, having served for 31 years, from August 7, 1978 – August 31, 2009. “Larry never attempted to sugar coat the facts. His last ten years... Read more of this article

Auditor General On Recent Financial Statements

Auditor General On Recent Financial Statements

Auditor General Heather Thomas commented on her opinion on the financial statements of the Consolidated Fund of the Government of Bermuda for the year ended March 31, 2020, included in the financial statements tabled by the Minister of Finance on March 26, 2021. Mrs Thomas said, “Trust and confidence in the Public Sector has never been more critical... Read more of this article

Tributes Paid To Heather Jacobs-Matthews

Tributes Paid To Heather Jacobs-Matthews

Auditor General Heather Thomas and multiple MPs have extended their condolences following the passing of Heather Jacobs-Matthews, the former Auditor General. “A life dedicated to public service,” said the current Auditor General Heather Thomas. “Heather Jacobs-Matthews, JP, FCPA, FCA, CFE, the former Auditor General – born November... Read more of this article

Auditor General Report On Covid-19 Response

Auditor General Report On Covid-19 Response

Auditor General Heather Thomas has released the public interest report on the Government’s response to Covid-19, which is a “factual summary of the Government’s activities and estimated costs to October 2020.” A spokesperson said, “Today, March 5, 2021, the Auditor General tabled her first public interest report on the work... Read more of this article

“Getting To Grips With The Debt & The Deficit”

“Getting To Grips With The Debt & The Deficit”

“Government should make getting to grips with the debt and the deficit one of its highest priority,” the Auditor General’s annual report said. The report, which details the work of her Office for the year ended March 31, 2019 was tabled in the House of Assembly. It provides details of the audit work completed by the Office of the Auditor... Read more of this article

‘Need Strong Financial Planning & Management’

‘Need Strong Financial Planning & Management’

Auditor General Heather Thomas says that “the need for the Government to practice strong financial planning and management has never been more important to help alleviate the ongoing economic impacts” as the Covid-19 pandemic continues. A spokesperson said, “On behalf of the Office of the Auditor General, the Auditor General, Mrs. Heather... Read more of this article

Auditor General Releases Annual Report For 2018

Auditor General Releases Annual Report For 2018

The Auditor General’s annual report on the work of her Office for the financial year ended March 31, 2018 was tabled in the House of Assembly on Friday, with the report stating that “Government should make getting to grips with the debt and the deficit its highest priority.” The report provides details of the audit work completed by the... Read more of this article

Auditor General Elected To Executive Council

Auditor General Elected To Executive Council

Auditor General Heather Thomas has been elected to the Executive Council of the Caribbean Organisation of Supreme Audit Institutions [CAROSAI]. A spokesperson said, “The Caribbean Organisation of Supreme Audit Institutions is one of seven regional grouping of the International Organisation of Supreme Audit Institutions [INTOSAI]. INTOSAI operates... Read more of this article

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