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Does AGO audit all statutory boards?


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Updated by AGO
The Public Sector (Governance) Act provides for audits of the financial statements of most statutory boards to be carried out either by the Auditor-General or another auditor appointed by the Minister concerned in consultation with the Auditor-General. In addition, the Minister for Finance has, under section 4(4) of the Audit Act, directed that the Auditor-General may carry out selective audits of statutory boards. AGO audits the financial statements of three statutory boards annually and conducts selective audits of the other statutory boards in rotation.

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