Silvore Fox
Contact Us (345) 244-3211

FAQs

Sign up for the latest updates

 

FAQs

  • Who audits the OAG?

    The OAG is audited annually by an independant audit firm. At present the OAG's auditors are PWC. The Public Accounts Committee are responsible for the appointment of the OAG's auditors under section 69 of the PMFL. 
  • Who is responsible for the preparation of financial statements for government and public sector entities

    Each individual ministry, portfolio, statutory authority and government company is responsible for the preparation of their financial statements. They are required to present to the OAG financial statements that present fairly the operations and activities of their entities for audit. It is not the responsibility of the OAG to prepare the financial statements of any government or public entity.
  • Under what legislation does the OAG carry out its work?

    The work of the OAG is undertaken under the powers vested in the Auditor General under the Cayman Islands Constitution and the Public Management and Finance Law?
  • What is the role of Auditor General and the OAG?

    The Auditor General is independent of the executive branch of government. Our role is to assist the Legislative Assembly to strengthen the efficiency, effectiveness, and accountability of government. This is achieved by providing independent information, advice and assurance on whether government’s activities have been carried out and accounted for in accordance with the legislature’s intention and with due regard to securing value for money and the avoidance of waste.
  • How is the independence of the Auditor General preserved?

      The Auditor General is constitutionally independent of Government and this independence is further enshrined in the Public Management and Finance Law. In the exercise of his powers he cannot be subject to direction or control by any person.  In the determination of the matters that will be subject to audit the Auditor General and OAG continue to exercise complete discretion, and carry out audit work that is risk based and in the public interest. The Auditor General and the OAG are physically separate from Government and exercise independence of mind in respect to their audit work. However, under the Public Management and Finance Law the OAG is technically an office of the Government, and this along with other legislative provisions compromise the financial and operational independence of the OAG, which are important conditions in ensuring the independence of a public audit office.
  • Is OAG part of the Government?

    The Auditor General is constitutionally independent of Government and this independence is further enshrined in the Public Management and Finance Law. In the exercise of his powers he cannot be subject to direction or control by any person.  However under the Public Management and Finance Law the OAG is technically an office of the Government, and this along with other legislative provisions  compromise the financial and operational independence of the OAG.
24
04 2014 4:57 pm

Request For Proposal - Financial Au...

Scope of work: The Office of the Auditor General invites eligib...
16
04 2014 2:17 pm

Entire Public Sector 2010-11 Financ...

The Entire Public Sector Financial Statements for the year ending 3...
31
03 2014 9:30 am

AG speeches from the UCCI Anti-Corr...

The Auditor General recently spoke at the UCCI conference: Towards ...
22
01 2014 1:14 pm

Five Reports on Governance in the C...

The Auditor General made public today five reports on Governance in...
27
11 2013 9:30 am

OAG Annual Report 2012/13

The OAG published today (27 November 2013) its annual reports for t...
27
11 2013 3:14 pm

JMC 2013 Communique supports the wo...

The communique for the 2013 Overseas Territories Joint Ministerial ...
05
11 2013 3:07 pm

International Fraud Awareness Week

International Fraud Awareness Week is here. Hundreds of businesses,...
30
10 2013 9:02 am

Status update on financial and perf...

The Auditor General today (30 October 2013) released his latest upd...
24
10 2013 11:38 am

OAG at the CayShop Expo 2013

Come and visit the OAG booth at the CayShop Expo at the Arc in Cama...
04
10 2013 10:24 pm

Congratulations to Martin Ruben on ...

The Office of the Auditor General is pleased to announce that Marti...
25
01 2012 12:24 pm

UN General Assembly adoption of Res...

  The UN General Assembly Resolution represents a signific...
12
01 2012 10:54 am

Accounts Progress

The medias reaction to the latest progress report on Financial and ...
09
01 2012 9:39 am

Busy year ahead

Cayman News Service discusses the OAG's plans for 2012 http...
05
01 2012 2:17 pm

The release of OAG's 2009 repo...

The Cayman Compass reports on delays in the release of the OAG'...
01
11 2011 11:02 am

On Track

The Government of the Cayman Islands (the "Government") h...
27
10 2011 3:48 pm

Support for auditor independence fr...

On Friday 14 October, INTOSAI Secretary General Josef Moser present...
27
09 2011 10:26 am

PMFL Amendments Pass

A bill to streamline the Public Management and Finance Law passed i...
27
09 2011 10:27 am

Auditor General's deadlines met

For the first time since the Public Management and Finance Law was ...
26
09 2011 10:25 am

Governor issues statement

The Governor has welcomed the latest report from the Auditor Genera...
26
09 2011 4:52 pm

Deputy Governor Comments

  I welcome the report released today by the Auditor Gener...
07
09 2011 9:42 pm

Auditor General report leaked

The latest report from the Auditor General’s Office has been ...
Quick Access
Contact Us
(345) 244-3211
How to complain
about us or bodies we audit
Quick guide
to the OAG
How to make
an FOI request