Audit of the Public Accounts
|
|
- Molly Shelton
- 8 years ago
- Views:
Transcription
1 National Audit Office of the Faroe Islands Audit of the Public Accounts April 2006 Traðagøta 43 Postrúm 2053 FO-165 Argir (298) (298)
2 National Audit Office of the Faroe Islands 2 Table of Contents 1 LEGISLATION THE PARLIAMENT'S AUDIT COMMITTEE THE AUDITOR GENERAL THE ACCOUNTS-AUDITORS THE NATIONAL AUDIT OFFICE OF THE FAROE ISLANDS PRIVATE AUDITORS SCHEMATIC DEPICTING KEY RELATIONSHIPS WITHIN THE AUDIT PROCESS THE ACCOUNTS-AUDITORS' RESPONSIBILITIES FINANCIAL AUDIT PERFORMANCE AUDIT REPORTS REPORTS TO THE PARLIAMENT'S AUDIT COMMITTEE REPORTS TO THE MANAGEMENT OF THE AUDITED ENTITY AND TO THE MINISTER RESPONSIBLE REPORTS TO THE PUBLIC...6
3 National Audit Office of the Faroe Islands 3 Audit of the Public Accounts 1 Legislation The general rules governing the audit of the public accounts are stipulated in 45 of the Administration Act. Detailed rules are laid down in Parliamentary Act No. 25 of April 21 st, 1999 governing the audit of the Public accounts. 2 The Parliament's Audit Committee The Parliament's Audit Committee is comprised of four members of the Faroese Parliament. The Parliament's Audit Committee shall scrutinize the Public accounts and other accounts submitted by public institutions, etc. and shall ascertain that the accounts are correct and in compliance with granted budget appropriations. Furthermore, an evaluation shall be made as to whether sound economic management has been applied. The Parliament's Audit Committee shall table a motion for a resolution before Parliament for approval of the accounts, together with their observations. 3 The Auditor General The Presidency of Parliament appoints an Auditor General to be in charge of the audit. The Auditor General also serves as the secretary to the Parliament's Audit Committee. The Auditor General is independent in the performance of his duties and hires and manages his own staff. 4 The Accounts-Auditors The task of the Parliament's Audit Committee Auditors, who are: is based on reports submitted by the Accounts- The National Audit Office and State Authorized Public Accountants and Registered Public Accountants. 4.1 The National Audit Office of the Faroe Islands The National Audit Office of the Faroe Islands shall conduct an audit of all accounts, if not otherwise stipulated by law, regulation, etc. The accounts for most public agencies or institutions and government foundations are included within the aggregated Public Accounts. The National Audit Office of the Faroe Islands conducts the audit of a majority of these public institutions. In addition, the National Audit Office of the Faroe Islands may request submission of the accounts of enterprises owned by the Faroese Government and the accounts of institutions, associations, foundations etc. receiving capital contributions, subsidies, loans, guarantees or other financial support from the Faroese Government. 4.2 Private auditors For decades, private auditors have borne the responsibility to audit part of the public activities in the Faroes. For some public agencies and institutions, it is stipulated by law, regulation or agency directive that the audit shall be conducted by registered or state-authorised public accountants. In other cases, the audit is conducted in accordance with a specific agreement or according to custom. In addition, private auditors conduct the audits of government foundations and self-governing institutions, etc. whose operating budgets are included in the Public Budget. Registered or state-authorised public accountants currently audit approximately 60 accounts.
4 National Audit Office of the Faroe Islands 4 5 Schematic depicting key relationships within the audit process The flow of communication between the Faroese Parliament, the Parliament's Audit Committee, the National Audit Office of the Faroe Islands and private auditors can be depicted like this: The Faroese Parliament (Føroya Løgting) The Budget The Prime Minister The Presidency of Parliament Minister of Trade and Industry The Public Accounts Minister of Finance Minister of Fisheries Minister of Social and Helth Affairs Minister of Interior Minister of Education and Culture The Auditor General The National Audit Office The Parliament's Audit Committee Reports Proposal for Parliamentary Resolution Reports Private Auditors The diagram shows: The Parliament o elects the Prime Minister, who appoints ministers to administer their respective fields of responsibility o elects the Presidency of Parliament who appoints an Auditor General o elects four members to the Parliament's Audit Committee The Parliament adopts the Budget for the fiscal year The ministers administer their respective fields of responsibility under the Budget The Public Accounts for the fiscal year are presented The National Audit Office of the Faroe Islands and private auditors submit reports to the Parliament's Audit Committee The Parliament's Audit Committee drafts a "Proposal for Parliamentary Resolution" for the adoption of the Public Accounts The Parliament approves the Public Accounts 6 The Accounts-Auditors' responsibilities The Accounts-Auditors shall conduct both a financial audit and a performance audit. 6.1 Financial audit According to the Auditing Act, the financial audit shall ascertain:
5 National Audit Office of the Faroe Islands 5 that all Government revenues are entered into the accounts and that the expenditures are in compliance with granted budget appropriations, that the accounts are correct, and that the proper accounting systems and control activities have been established, that the transactions entered in the accounts are in compliance with the granted budget appropriations, applicable legislation, regulations, agreements and/or customary practice. 6.2 Performance audit According to the Auditing Act, the ordinary performance audit is stipulated accordingly: Furthermore, an evaluation shall be made as to whether sound economic management has been applied to the administration of the funds and the running of the operations covered by the accounts. The ordinary performance audit involves an examination of how stipulated tasks have been carried out, taking into consideration the aspects of economy, efficiency and effectiveness. Furthermore, the Parliament's Audit Committee may require the auditor to prepare reports on an extended performance audit in certain areas of the accounts, and they may require the National Audit Office of the Faroe Islands to draft reports on extended performance audits for all accounting areas. 7 Reports 7.1 Reports to the Parliament's Audit Committee The work of the Parliament's Audit Committee shall be based on reports from the accounting audit, i.e. the National Audit Office of the Faroe Islands and private auditors. The reports form a considerable part of the Parliamentary control of the national financial affairs and governmental administration. The Auditor General, who is the manager of the National Audit Office of the Faroe Islands, serves as secretary to the Parliament's Audit Committee and shall assist the Committee in performing its duties. 7.2 Reports to the management of the audited entity and to the minister responsible The reports are first presented to the minister responsible, for comments. The report to the Parliament's Audit Committee shall include possible comments and statements from the minister regarding measures and considerations the report has given rise to. Prior to a report being submitted to the minister responsible, the administrators of the audited entity normally have had the opportunity to submit their comments on the respective report. If requested, the auditor is to inform the minister of the type and scope of the audit that has been performed. The minister and the respective administrators may, therefore, to a certain extent, use the reports from the accounting auditors as a tool for monitoring control activities relevant to certain specific areas of the accounts. Below is a diagram of the communication linkages between the National Audit Office of the Faroe Islands and the above-referenced governmental authorities.
6 National Audit Office of the Faroe Islands 6 5. Report The Parliament's Audit Committee The National Audit Office 1. Draft to a Report 2. The Administrator's response 3. Report 4. The Minister's response Institutions Minister 7.3 Reports to the public Anyone may familiarise themselves with the reports that the Accounts-Auditors present to the Parliament's Audit Committee. In this manner, the public is also able to obtain insight into the auditing that has been conducted.
The Auditor General's Act
The Auditor General's Act Consolidation of Consolidating Act No. 3 of 7 January 1997 as amended by Act No. 590 of 13 June 2006 Audit of State Accounts etc (Consolidation) Act 1.- (1) The audit according
More informationGovernment Decree No. 29/2008. (II. 19.) on the Powers and Competences of the Minister Heading the Prime Minister s Office
Government Decree No. 29/2008. (II. 19.) on the Powers and Competences of the Minister Heading the Prime Minister s Office Acting pursuant to Paragraph 3 Article 28 of Act LVII of 2006 on the Central Administration
More informationThe Law of the City of Moscow. No. 30 dated the 30 th of June 2010. On the Chamber of Control and Accounts of Moscow
The Law of the City of Moscow No. 30 dated the 30 th of June 2010 On the Chamber of Control and Accounts of Moscow In accordance with the federal legislation and the Moscow City Charter, this Law shall
More informationFull list of mistakes and omissions of the English Version of the Hungarian draft- Constitution
Full list of mistakes and omissions of the English Version of the Hungarian draft- Constitution This document contains the full list of mistakes and omissions of the draft-constitution English version.
More informationNational Tea and Coffee Development Board Act, 2049 (1993)
National Tea and Coffee Development Board Act, 2049 (1993) Date of Authentication and Publication 2050.2.2 (15 May 1993) Act number 5 of the year 2050 (1993) An Act Made to Provide for the Establishment
More informationBemis Company, Inc. Audit Committee Charter
Bemis Company, Inc. Audit Committee Charter BEMIS COMPANY, INC. AUDIT COMMITTEE CHARTER I. Purpose EXHIBIT 2 This charter establishes the responsibilities of the Audit Committee ( Committee ) of the Board
More informationBRITISH MUSEUM MANAGEMENT STATEMENT AND FINANCIAL MEMORANDUM
BRITISH MUSEUM MANAGEMENT STATEMENT AND FINANCIAL MEMORANDUM PART ONE: MANAGEMENT STATEMENT I. INTRODUCTION This document Paragraph(s) 1-7 Founding legislation; status 8 Classification 9-11 The functions,
More informationAnnex II: Terms of Reference for Management and Implementation Support Consultant (Firm)
Annex II: Terms of Reference for Management and Implementation Support Consultant (Firm) a. Background: 1. The GoB in accordance with its Public Financial Management (PFM) Strategy & Vision and Medium
More information1 L.R.O. 2002 Agricultural Development Fund CAP. 252B AGRICULTURE DEVELOPMENT FUND
1 L.R.O. 2002 Agricultural Development Fund CAP. 252B CHAPTER 252B AGRICULTURE DEVELOPMENT FUND ARRANGEMENT OF SECTIONS SECTION 1. Short title. 2. Purposes of the Act. 3. Establishment of the Fund. 4.
More informationAn Act to amend the Auditor General Act and other legislative provisions
FIRST SESSION THIRTY-EIGHTH LEGISLATURE Bill 71 An Act to amend the Auditor General Act and other legislative provisions Introduction Introduced by Madam Monique Jérôme-Forget Minister of Finance Québec
More informationConsolidation Act no. 224 of 16 March 2009. Act on Energinet.dk
Consolidation Act no. 224 of 16 March 2009 Act on Energinet.dk as amended by L 2009-06-12 no. 516, L 2010-06-12 no. 622 and L 2011-05-18 no. 466. Part 1 Preliminary provisions 1(1) The Danish Minister
More informationExecutive Order on Articles of Association for ATP (Arbejdsmarkedets Tillægspension)
Executive Order on Articles of Association for ATP (Arbejdsmarkedets Tillægspension) Executive Order no. 468 of 13 June 2005 The following articles of association for ATP (Arbejdsmarkedets Tillægspension)
More informationREGULATIONS ON THE GENERAL MEETING OF SHAREHOLDERS. of OJSC Oil Company Rosneft
APPROVED BY General Meeting of Shareholders of OJSC Oil Company Rosneft On June 7, 2006 Minutes without No. REGULATIONS ON THE GENERAL MEETING OF SHAREHOLDERS 1 TABLE OF CONTENTS 1. GENERAL PROVISIONS...5
More informationRoyal Decree on the Establishment the International Institute for Trade and Development (Public Organization), B.E.2544 (2001)
Royal Decree on the Establishment the International Institute for Trade and Development (Public Organization), B.E.2544 (2001) BHUMIBHOL ADULYADEJ REX. Given on the 24th day of May B.E. 2544 Being the
More informationAppendix C Accountant in Bankruptcy. Annual report on the 2013/14 audit
Appendix C Accountant in Bankruptcy Annual report on the 2013/14 audit Prepared for Accountant in Bankruptcy and the Auditor General for Scotland 6 August 2014 Audit Scotland is a statutory body set up
More informationRULES FOR THE BOARD OF DIRECTORS WRIGHT MEDICAL GROUP N.V. ST\ASD\13635703.1
RULES FOR THE BOARD OF DIRECTORS OF WRIGHT MEDICAL GROUP N.V. These Rules were adopted by the Board of Directors on 26 August 2010 and have been amended on 30 April 2013, 29 October 2013 and 1 October
More information1. In 3 clause 3 item 1 of the Company Statutes, the existing text, i.e.:
Information on the proposed changes in the Company Statutes submitted by the shareholder, the State Treasury On 3 June 2015 the Company received a letter from the shareholder, the State Treasury, in which,
More informationRathlin Ferries Limited. Directors report and financial statements Registered number SC306518 31 March 2010
Rathlin Ferries Limited Directors report and financial statements Registered number SC306518 Contents Directors report 1 Statement of Directors responsibilities 3 Independent auditors report 4 Profit and
More informationPOLICY ON CORPORATE GOVERNANCE FOR LESOTHO PUBLIC ENTERPRISES, GOVERNMENT AGENCIES AND ENTITIES
POLICY ON CORPORATE GOVERNANCE FOR LESOTHO PUBLIC ENTERPRISES, GOVERNMENT AGENCIES AND ENTITIES PREAMBLE The Government of Lesotho has noted the increasing demand of the citizens for better control and
More informationGUIDELINES FOR THE CONDUCT OF PERFORMANCE AUDITS
GUIDELINES FOR THE CONDUCT OF PERFORMANCE AUDITS NOVEMBER 2013 THE ANAO S LEGISLATIVE FRAMEWORK The Auditor-General Act 1997 (the Act) sets out the functions, mandate and powers of the Auditor-General
More informationPUBLIC FINANCE MANAGEMENT ACT NO. 1 OF 1999
PUBLIC FINANCE MANAGEMENT ACT NO. 1 OF 1999 as amended by Public Finance Management Amendment Act, No. 29 of 1999 ACT To regulate financial management in the national government and provincial governments;
More information7. LAW ON LOCAL SELF-GOVERNMENT FINANCING. Pursuant to Article 88 item 2 of the Constitution of the Republic of Montenegro, I hereby issue the
Pursuant to Article 88 item 2 of the Constitution of the Republic of Montenegro, I hereby issue the Decree Promulgating the Law on Local Self-Government Financing (Official Gazette of the Republic of Montenegro
More informationDay 5: Different Approaches and Tools to Prepare a Strategy
Day 5: Different Approaches and Tools to Prepare a Strategy Tapio Laamanen 14th January 2011 Government Foresight Network An interministerial forum for cooperation and exchange of information in issues
More informationARTICLES OF ASSOCIATION NEUROSEARCH A/S. (CVR-no. 12546106)
Unauthorised translation ARTICLES OF ASSOCIATION OF NEUROSEARCH A/S (CVR-no. 12546106) Name, registered office and objects Article 1. The name of the company is NeuroSearch A/S. Article 2. The objects
More informationTITLE 41, NEBRASKA ADMINISTRATIVE CODE, CHAPTER 1 NEBRASKA AUDITOR OF PUBLIC ACCOUNTS
TITLE 41, NEBRASKA ADMINISTRATIVE CODE, CHAPTER 1 NEBRASKA AUDITOR OF PUBLIC ACCOUNTS RULES AND REGULATIONS CONCERNING THE MINIMUM STANDARDS FOR POLITICAL SUBDIVISION AUDIT REPORTS TITLE 41 - NEBRASKA
More informationARTICLES OF ASSOCIATION NEUROSEARCH A/S. (CVR-no. 12546106)
Unauthorised translation ARTICLES OF ASSOCIATION OF NEUROSEARCH A/S (CVR-no. 12546106) Name, registered office and objects Article 1. The name of the company is NeuroSearch A/S. Article 2. The objects
More informationEvolving Oversight The Australian Joint Committee of Public Accounts and Audit. By Shane Armstrong, Department of the House of Representatives
Evolving Oversight The Australian Joint Committee of Public Accounts and Audit By Shane Armstrong, Department of the House of Representatives The Australian Joint Committee of Public Accounts and Audit,
More informationOFFICE FACILIT PART THREE: ACCOMMODATION AND OFFICE FACILITIES ACCOMMODAT
OFFICE FACILIT PART THREE: ACCOMMODATION AND OFFICE FACILITIES ACCOMMODAT CONTENTS 3.1 Parliament House Office... 3 3.2 Electorate Office... 4 3.3 Commonwealth Parliament Offices (CPO) Visiting Suites...
More informationEXAMINING PUBLIC SPENDING. Estimates Review: A Guide for Parliamentarians
EXAMINING PUBLIC SPENDING Estimates Review: A Guide for Parliamentarians Some information for this booklet was taken from the Treasury Board of Canada Secretariat s website. A description of the Expenditure
More informationEarly Identification and Management of Risks Committee Duties and Working Principles
2013 Early Identification and Management of Risks TÜRK TELEKOMÜNİKASYON A.Ş. 1. PURPOSE The purpose of these duties and working principles of TÜRK TELEKOMÜNİKASYON A.Ş, Early Identification and Management
More informationPACIFIC ISLANDS TRAINING INITIATIVE VIRGIN ISLANDS TRAINING INITIATIVE Graduate School, USDA
Pacific and Virgin Islands Training Initiatives 900 Fort Street Mall, Suite 1540, Honolulu, Hawaii 96813 Phone: 808-523-1650 Visit us online at www.pitiviti.org Fax: 808-523-7634 PACIFIC ISLANDS TRAINING
More informationLAW ON THE BASES REGULATING SECURITY SERVICES OF THE REPUBLIC OF SERBIA. ( Official Gazette of the RS, Nos. 116/2007, 72/2012) I GENERAL PROVISIONS
LAW ON THE BASES REGULATING SECURITY SERVICES OF THE REPUBLIC OF SERBIA ( Official Gazette of the RS, Nos. 116/2007, 72/2012) I GENERAL PROVISIONS Law content Article 1 Bases of security-intelligence system
More informationPart 1 National Treasury
PUBLIC FINANCE MANAGEMENT ACT 1 OF 1999 [ASSENTED TO 2 MARCH 1999] [DATE OF COMMENCEMENT: 1 APRIL 2000] (Unless otherwise indicated) (English text signed by the President) as amended by Public Finance
More informationLEGISLATIVE ASSEMBLY FOR THE AUSTRALIAN CAPITAL TERRITORY
LEGISLATIVE ASSEMBLY FOR THE AUSTRALIAN CAPITAL TERRITORY REVIEW OF AUDITOR-GENERAL S REPORT NO 9, 1997 Fleet Leasing Arrangements STANDING COMMITTEE FOR THE CHIEF MINISTER S PORTFOLIO (INCORPORATING THE
More informationRALLY SOFTWARE DEVELOPMENT CORP.
RALLY SOFTWARE DEVELOPMENT CORP. CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS Approved by the Board of Directors on March 19 2013 PURPOSE The primary purpose of the Audit Committee (the Committee
More informationThe National Food Policy Council of Canada
National Food Policy Council of Canada Act An Act to establish the National Food Policy Council of Canada. Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada,
More informationArticles and Memorandum of Association - English convenience translation -
Articles and Memorandum of Association - English convenience translation - as of April 08, 2015 This is the convenience translation of the German original version of the Articles and Memorandum of Association
More informationPUBLIC FINANCE MANAGEMENT ACT NO. 1 OF 1999
PUBLIC FINANCE MANAGEMENT ACT NO. 1 OF 1999 [ASSENTED TO 2 MARCH, 1999] [DATE OF COMMENCEMENT: 1 APRIL, 2000] (Unless otherwise indicated) (English text signed by the President) NATIONAL TREASURY This
More informationMacquarie Group Limited Board Charter
= Macquarie Group Limited Board Charter 1. ROLE AND RESPONSIBILITIES 1.1 The primary role of the Board of Voting Directors of Macquarie Group Limited ( the Board ) is to promote the long-term health and
More informationParliamentary Term Length: Report on the Section 30 Order
Published 25th September 2015 SP Paper 793 7th Report, 2015 (Session 4) Web Devolution (Further Powers) Committee Parliamentary Term Length: Report on the Section 30 Order Published in Scotland by the
More informationThe Geological Survey of Denmark and Greenland Act
While this translation was carried out by a professional translation agency, the text is to be regarded as an unofficial translation based on the Act no. 536 of 6 June 2007. Only the Danish document has
More informationAnnex 2: Rules and Procedures for the Swiss-Polish Cooperation Programme
Annex 2: Rules and Procedures for the Swiss-Polish Cooperation Programme Annex 2 is an integral part of the Framework Agreement between the Swiss Federal Council and the Government of the Republic of Poland
More informationThe Danish Act on the Central Business Register
The Danish Act on the Central Business Register Consolidated Act No. 598 of June 22, 2000 cf. Act No. 417 of May 22, 1996, as subsequently amended by section 2 in Act No. 295 of May 2, 2000 Unauthorized
More informationHighlights Highlights of a review of the designation of educational institutions for the purpose of student loans for the period 2004-05 to 2006-07.
Office of the Auditor General Newfoundland and Labrador Highlights Highlights of a review of the designation of educational institutions for the purpose of student loans for the period 2004-05 to 2006-07.
More informationSUPPLEMENTAL NOTE ON SUBSTITUTE FOR SENATE BILL NO. 11
Corrected SESSION OF 2007 SUPPLEMENTAL NOTE ON SUBSTITUTE FOR SENATE BILL NO. 11 As Amended by House Committee of the W hole Brief* Sub. for SB 11, as amended by the House Committee of the Whole, would
More informationCENTRAL GOLDTRUST (the Trust ) CHARTER OF AUDIT COMMITTEE
CENTRAL GOLDTRUST (the Trust ) CHARTER OF AUDIT COMMITTEE Purpose The primary function of the Audit Committee is to assist the Trustees in fulfilling their oversight responsibilities by reviewing: (a)
More informationAG ISA (NZ) 320 THE AUDITOR-GENERAL S STATEMENT ON MATERIALITY IN PLANNING AND PERFORMING AN ANNUAL AUDIT. Contents
AG ISA (NZ) 320 THE AUDITOR-GENERAL S STATEMENT ON MATERIALITY IN PLANNING AND PERFORMING AN ANNUAL AUDIT Contents Page Introduction 3-3001 Scope of this Statement 3-3001 Application 3-3001 Objective 3-3001
More informationA DRAFTER S GUIDE TO CABINET DOCUMENTS
A DRAFTER S GUIDE TO CABINET DOCUMENTS Privy Council Office 2013 A DRAFTER S GUIDE TO CABINET DOCUMENTS Table of Contents 1. Introduction...1 2. When an Item Should Be Brought to Cabinet...1 2.1 Regulations
More informationCHEVRON CORPORATION AUDIT COMMITTEE CHARTER
CHEVRON CORPORATION AUDIT COMMITTEE CHARTER PURPOSE The purpose of the Audit Committee (the Committee ) of the Board of Directors of Chevron Corporation (the Corporation ) is: 1. To assure that the Corporation
More informationDisposal Schedule for Functional records of Retirement Benefits Fund. Disposal Authorisation No. 2416
Disposal Schedule for Functional records of Retirement Benefits Fund Disposal Authorisation No. 2416 TABLE OF CONTENTS INTRODUCTION Page 4 Archives legislation Page 4 Schedule elements and arrangement
More informationCHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS
CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS I. PURPOSE The audit committee (the Audit Committee ) is a committee of the board of directors (the Board of Directors ) of Talon Metals Corp. (the
More informationLocal Government in Scotland Act 2003
Local Government in Scotland Act 2003 (asp 1) i Local Government in Scotland Act 2003 2003 asp 1 CONTENTS Section PART 1 BEST VALUE AND ACCOUNTABILITY Duty to secure best value 1 Local authorities duty
More information3) To educate policy makers, legislators and the general public about the benefits of a fair and humane immigration policy;
137-139 West 25 th Street 12 th Floor New York, NY 10001 (212) 627-2227 www.thenyic.org STATEMENT OF PURPOSE AND BY-LAWS OF THE NEW YORK IMMIGRATION COALITION, INC. ADOPTED ON OCTOBER 24, 1990 AMENDED
More informationPromote a culture of performance management among its political structures, Political office bearers and councilors and is administration: and
Annexure A Part 1 Local Government Municipal Systems Act, (MSA), 2000 Section 38 Establishment of Performance Management System A municipality must: (a) Establish a performance engagement system that:
More informationPUBLIC FINANCE AND AUDIT (PUBLIC ACCOUNTS) AMENDMENT ACT 1989 No. 57
PUBLIC FINANCE AND AUDIT (PUBLIC ACCOUNTS) AMENDMENT ACT 1989 No. 57 NEW SOUTH WALES TABLE OF PROVISIONS 1. Short title 2. Commencement 3. Amendment of Public Finance and Audit Act 1983 No. 152 4. Amendment
More informationRegulations on the General Meeting of Shareholders of Open Joint Stock Company Gazprom Neft (New version)
APPROVED by the General Meeting of Shareholders of JSC Gazprom Neft on September 30, 2014 (Minutes 0101/02 dated 02.10.2014) Regulations on the General Meeting of Shareholders of Open Joint Stock Company
More informationThe audit and inspection of local authorities
The audit and inspection of local authorities Memorandum from the Department for Communities and Local Government 1. Summary and introduction The Audit Commission was set up in 1983 to audit local authorities,
More informationBill C-27: First Nations Financial Transparency Act
Bill C-27: First Nations Financial Transparency Act Overview of Act Bill C-27: First Nations Financial Transparency Act was introduced in the House of Commons on November 23, 2011 and is identified as
More informationBROOKFIELD INFRASTRUCTURE PARTNERS LIMITED AUDIT COMMITTEE CHARTER. Revised February 2015
BROOKFIELD INFRASTRUCTURE PARTNERS LIMITED AUDIT COMMITTEE CHARTER Revised February 2015 A committee of the board of directors (the Board ) of Brookfield Infrastructure Partners Limited (the Managing General
More informationConstitutional and Legislative Affairs Committee LEGISLATIVE CONSENT MEMORANDUM -WALES BILL. Legal Advice Note
Paratowyd y ddogfen hon gan gyfreithwyr Cynulliad Cenedlaethol Cymru er mwyn rhoi gwybodaeth a chyngor i Aelodau r Cynulliad a'u cynorthwywyr ynghylch materion dan ystyriaeth gan y Cynulliad a'i bwyllgorau
More informationLafargeHolcim Ltd. Finance & Audit Committee Charter Review date: July 28, 2015
LafargeHolcim Ltd Finance & Audit Committee Charter Review date: July 28, 2015 1. Purpose 1.1 Mission The Finance & Audit Committee ( FAC ) is an expert committee formally appointed by the Board of Directors
More informationThe Finance & Audit (F&A) Committee is expected to consider F&A Committee Agenda Item 4: at its meeting on December 7, 2015.
The Finance & Audit (F&A) Committee is expected to consider F&A Committee Agenda Item 4: Recommendation regarding Acceptance of 2015 Service Organization Control (SSAE 16) Audit Report at its meeting on
More informationTHE COMPANIES ACT 2006 COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ARTICLES OF ASSOCIATION SHELTERBOX TRUST. Companies Act 2006
Company No: 04612652 Charity No: 1096479 THE COMPANIES ACT 2006 COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ARTICLES OF ASSOCIATION OF SHELTERBOX TRUST Companies Act 2006 Company limited
More informationAn Act to establish the Grande bibliothèque du Québec
NATIONAL ASSEMBLY SECOND SESSION THIRTY-FIFTH LEGISLATURE Bill 403 (1998, chapter 38) An Act to establish the Grande bibliothèque du Québec Introduced 17 December 1997 Passage in principle 24 March 1998
More informationAUDIT ACT. 2008 Revised Edition CAP. 32.02
AUDIT ACT CAP. 32.02 Audit Act CAP. 32.02 Arrangement of Sections AUDIT ACT Arrangement of Sections Section PART 1 PRELIMINARY 7 1 Short title... 7 2 Definitions... 7 PART 2 AUDITOR-GENERAL AND THE AUDIT
More informationMBASWF BYLAWS. The name of this corporation is: MORTGAGE BANKERS ASSOCIATION OF SOUTHWEST FLORIDA,
MBASWF BYLAWS ARTICLE I NAME The name of this corporation is: MORTGAGE BANKERS ASSOCIATION OF SOUTHWEST FLORIDA, INC. hereinafter called the "Association". ARTICLE II PURPOSE Section 1: The purpose of
More informationENVIRONMENTAL INVESTMENT FUND OF NAMIBIA ACT 13 OF 2001 [ASSENTED TO 6 DECEMBER 2001] [DATE OF COMMENCEMENT: TO BE PROCLAIMED]
ENVIRONMENTAL INVESTMENT FUND OF NAMIBIA ACT 13 OF 2001 [ASSENTED TO 6 DECEMBER 2001] [DATE OF COMMENCEMENT: TO BE PROCLAIMED] (Signed by the President) ACT To provide for the establishment of an Environmental
More informationA. Eligibility Membership is open to women who meet the following qualifications:
Women Organizing for Change in Agriculture and Natural Resource Management (WOCAN) BYLAWS ARTICLE I. ASSOCIATION A. Name This organization shall be known as the Women Organizing for Change in Agriculture
More informationMINISTRY OF FINANCE & DEVELOPMENT PLANNING PUBLIC FINANCE MANAGEMENT (PFM) REFORM PROGRAMME FOR BOTSWANA
MINISTRY OF FINANCE & DEVELOPMENT PLANNING PUBLIC FINANCE MANAGEMENT (PFM) REFORM PROGRAMME FOR BOTSWANA 1. Background The Public Finance Management (PFM) Reform Programme for Botswana is a response to
More informationInternal Audit Report. For the 2003 2004 Fiscal Year. Prepared by CONSULTING AND AUDIT CANADA. on behalf of the
INTERNAL AUDIT INFRASTRUCTURE BRANCH COMPLIANCE WITH KEY PROJECT APPROVAL AND CONTRIBUTION PAYMENT PROCESS CONTROLS Internal Audit Report For the 2003 2004 Fiscal Year Prepared by CONSULTING AND AUDIT
More informationA CREDITORS GUIDE TO ADMINISTRATORS REMUNERATION SCOTLAND This guide applies to all appointments on or after 6 April 2006. Any creditor requiring
A CREDITORS GUIDE TO ADMINISTRATORS REMUNERATION SCOTLAND This guide applies to all appointments on or after 6 April 2006. Any creditor requiring guidance on a case where the Insolvency Practitioner was
More informationLaw of Georgia On Normative Acts
Published in the Gazette of the Parliament of Georgia (November 19, 1996) Law of Georgia On Normative Acts Chapter I General Provisions Article 1 This Law shall define the types and hierarchy of normative
More informationPublic Audit (Wales) Act 2004
Public Audit (Wales) Act 2004 CHAPTER 23 CONTENTS PART 1 AUDITOR GENERAL FOR WALES New functions of the Auditor General for Wales 1 Transfer of functions of Assembly 2 Additional functions of Auditor General
More informationCharacteristics of Public Budgets in 5 Latin American Countries
Characteristics of Public Budgets in 5 Latin American Countries The Latin American Network for Legislative Transparency is a network of civil society organizations in Latin America that promote transparency,
More informationThe Folketing s European Affairs Committee THE FOLKETING S SCRUTINY OF GOVERNMENT EU POLICY
The Folketing s European Affairs Committee THE FOLKETING S SCRUTINY OF GOVERNMENT EU POLICY 2 The Folketing s European Affairs Committee plays a central role in Danish EU policy. This is because it scrutinizes
More informationCHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF LIVE NATION ENTERTAINMENT, INC.
CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF LIVE NATION ENTERTAINMENT, INC. This Charter identifies the purpose, membership, meeting requirements and committee responsibilities of the Audit
More informationDanish Act on Approved Auditors and Audit Firms (Lov om godkendte revisorer og revisionsvirksomheder) 1
While this translation was carried out by a professional translation agency, the text is to be regarded as an unofficial translation based on the latest official Act no. 468 of 17 June 2008. Only the Danish
More informationASPG Conference, Perth Jonathan O'Dea - October 2013. "Financial Overseers and their Oversight A NSW Public Accounts Committee Perspective"
ASPG Conference, Perth Jonathan O'Dea - October 2013 "Financial Overseers and their Oversight A NSW Public Accounts Committee Perspective" OVERVIEW Statutory Officers play central roles as financial overseers
More informationUnauthorised translation ARTICLES OF ASSOCIATION NEUROSEARCH A/S. (CVR-no. 12546106)
Unauthorised translation ARTICLES OF ASSOCIATION OF NEUROSEARCH A/S (CVR-no. 12546106) Name, registered office and objects Article 1. The name of the company is NeuroSearch A/S. Article 2. The objects
More informationThe Houston County Public Library System
ARTICLE I - NAME Houston County Public Library System Constitution The name of the system shall be the Houston County Public Library System. ARTICLE II - HEADQUARTERS The headquarters for the Houston County
More informationORDER IN COUNCIL. Queensland. Subordinate Legislation 1991 No. 30
Queensland Subordinate Legislation 1991 No. 30 ORDER IN COUNCIL Public Service Management and Employment Act 1988 The Administrator of the Government, acting with the advice of the Executive Council, and
More informationTrust Fund for the People of the Republic of the Marshall Islands. Annual Report Fiscal Year 2010
Trust Fund for the People of the Republic of the Marshall Islands Annual Report Fiscal Year 2010 This report covers the Fiscal Year from October 1,2009, through September 30, 2010. Trust Fund Assets in
More informationJoint Audit Participants Guide
Joint Audit Participants Guide TABLE OF CONTENTS 1. Introduction... 3 1.1 Definition... 3 1.2 When to consider a joint audit... 4 1.3 Objectives... 4 1.4 Organizing and Managing... 5 2 Participants of
More informationHow to incorporate. A guide to the Associations Incorporation Act 1985. www.cbs.sa.gov.au
* How to incorporate A guide to the Associations Incorporation Act 1985 www.cbs.sa.gov.au 1 how to incorporate The information provided in this brochure is of a general nature only and should not be relied
More informationWhat is a state health insurance exchange (i.e. "American Health Benefit Exchange")?
MEMORANDUM DATE: 11/07/2011 TO: Members of the House Appropriation Subcommittee for LARA FROM: Paul Holland, Fiscal Analyst RE: State Health Insurance Exchanges In response to the requirements pertaining
More informationBasic Law on Intellectual Property (Law No.122 of 2002) (Provisional Translation)
Basic Law on Intellectual Property (Law No.122 of 2002) (Provisional Translation) Table of Contents Chapter I General Provisions (Articles 1 to 11) Chapter II Basic Measures (Articles 12 to 22) Chapter
More informationEXHIBIT 1 GUIDELINES FOR CAPITAL FUNDING REQUESTS FOR NOT-FOR-PROFIT ORGANIZATIONS
EXHIBIT 1 GUIDELINES FOR CAPITAL FUNDING REQUESTS FOR NOT-FOR-PROFIT ORGANIZATIONS THE CITY OF NEW YORK GUIDELINES FOR CAPITAL FUNDING REQUESTS FOR NOT-FOR-PROFIT ORGANIZATIONS FISCAL YEAR 2016 INTRODUCTION
More informationInvestigation of Allegations at the Woodstock First Nation
Investigation of Allegations at the Woodstock First Nation 2012 Investigation of Allegations at the Woodstock First Nation Name: Woodstock First Nation Population: 285 on reserve; 976 total registered
More informationGladstone Ports Corporation Limited
Gladstone Ports Corporation Limited Human Resources Committee Charter #159378v5 Adopted by Board 17/7/07 1 Table of Contents 1. TERMS OF REFERENCE... 3 2. ROLE AND RESPONSIBILITIES... 3 3. RELATIONSHIP
More informationAct on Protective Measures Against Avalanches and Landslides
Act on Protective Measures Against Avalanches and Landslides No. 49, 23 May 1997 Article 1 Efforts shall be made to prevent damage to property and persons resulting from avalanches and landslides as provided
More informationStatistics Netherlands Act November 2003
Statistics Netherlands Act November 2003 Bulletin of Acts, Orders and Decrees of the Kingdom of the Netherlands Contents Chapter 1. Definitions Chapter 2. Statistics Netherlands Part 1. Establishment and
More informationSTATEMENT OF INSOLVENCY PRACTICE 9 (SCOTLAND) REMUNERATION OF INSOLVENCY OFFICE HOLDERS
STATEMENT OF INSOLVENCY PRACTICE 9 (SCOTLAND) REMUNERATION OF INSOLVENCY OFFICE HOLDERS 1 INTRODUCTION 1.1 This Statement of Insolvency Practice (SIP) is one of a series issued to licensed insolvency practitioners
More informationAboriginal Affairs and Northern Development Canada. Internal Audit Report. Audit of Internal Controls Over Financial Reporting.
Aboriginal Affairs and Northern Development Canada Internal Audit Report Audit of Internal Controls Over Financial Reporting Prepared by: Audit and Assurance Services Branch Project #: 14-05 November 2014
More informationUNIT 6. Government Accountability and Parliamentary Committees
UNIT 6. Government Accountability and Parliamentary Committees Learning Objectives What role do parliamentary committees play in assuring government accountability? After studying this unit you should
More informationWHAT IS PUBLIC ACCOUNTABILITY?
WHAT IS PUBLIC ACCOUNTABILITY? A publication by: AGO Logo 4C AGO Logo 2C (Black & Pantone 295C) CONTENTS Page PREFACE 2 ACCOUNTABILITY OF THE GOVERNMENT 3 THE ACCOUNTABILITY PROCESS Before the Financial
More informationAbdelly & Associés. Key legislation and regulatory structure. Introduction
Abdelly & Associés Introduction s current proven reserves are approximately 838m barrels, of which 51 per cent is oil and 49 per cent is gas. Approximately two-thirds of s proven gas reserves are located
More informationChapter 1 Secretary s Review
Chapter 1 Secretary s Review PAGE 2 DEPARTMENT OF FINANCE AND ADMINISTRATION ANNUAL REPORT 2004 2005 Secretary s Review The activities of the Department of Finance and Administration (Finance) have a broad
More informationADVANCED DRAINAGE SYSTEMS, INC. CORPORATE GOVERNANCE GUIDELINES
ADVANCED DRAINAGE SYSTEMS, INC. CORPORATE GOVERNANCE GUIDELINES These Corporate Governance Guidelines have been adopted by the Board of Directors (the Board ) of Advanced Drainage Systems, Inc. (the Company
More informationand National Council of Bhutan Bhutanese or international firms (web design)
TERMS OF REFERENCE FOR WEBSITE DESIGN AND DEVELOPMENT PARLIAMENT OF BHUTAN (NATIONAL ASSEMBLY & NATIONAL COUNCIL) Services/Work Description: Website design and development for National Assembly and National
More informationDeveloping a Public-Private Partnership Framework: Policies and PPP Units
Note 4 May 2012 Developing a Public-Private Partnership Framework: Policies and PPP Units This note is the fourth in a series of notes on developing a comprehensive policy, legal, and institution framework
More information