Posted 1y ago inGeneral

How do AGO's roles and responsibilities differ from those of commercial auditing firms?

ago

Last updated 1y ago

AGO's responsibility goes beyond rendering an opinion on the financial statements. It covers other aspects to enhance accountability to the President and Parliament on the use and management of public funds. These include audits to check for financial irregularities and to ascertain whether there has been excess, extravagance or gross inefficiency leading to waste, and whether measures to prevent them are in place.

Let other citizens know if this answer was helpful

Did this answer your question?

Can’t find what you’re looking for?

How do AGO's roles and responsibilities differ from those of commercial auditing firms?

Related Questions

What legislation governs AGO's duties and responsibilities?

What types of reports does AGO produce?

What kind of audits does AGO carry out?

Our organisation has an internal audit unit (IAU) which carries out financial and/or value for money audits. Will AGO not be duplicating its work?