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Accountant-General fails to produce government financial reports

6 years agoFri, 21 Apr 2017 03:17:42 GMT
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Accountant-General fails to produce government financial reports

Daniel Muchemwa the Accountant-general has admitted that he has failed to produce governemmnt financial reports. This is a violation of the Public Finance Management Act.

Speaking at a conference organised by the Public Accountants and Auditors Board Muchemwa said:

I have been accountant-general for one and half years and I have never complied with the Public Finance Management Act. There are things that are required of me. Reports by Parliament that I have not submitted on time and on budget and, as accountants, we are all ashamed when we don’t do anything on time and on budget. I am struggling to do things on time and on budget,

Muchemwa said that all districts in the country should have the international financial reporting system they can relate to next year.

More: NewsDay

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