The Auditor General (AG) reminds public institutions to submit their Financial Statements for Audit

Momodou Ceesay Auditor General, National Audit Office

Banjul, The Gambia: 3 March 2025

Referencing to the press release issued in December 2024, the Auditor General (AG) wishes to once again remind those charged with governance of public institutions (i.e. Board and Management), of their statutory responsibility to prepare and submit their financial statements by 31st March 2025, for audit.

This reminder also extends to public institutions whose audits are currently outsourced to private audit firms; to also submit their financial statements to the audit firms no later than 31st March 2025.

The institutions are also reminded that as part of NAO’s commitment to remedy this prolonged challenge, and in line with his functions, the Auditor General will now include in his annual report to the National Assembly, a summary on the status of financial reporting by public institutions. A section of this report will include a summary on institutions that submitted their financial statements on time, those that submitted after the 31st March deadline, and those that did not submit at all.

Additionally, institutions are encouraged to ensure the financial statements are credible and prepared accurately in line with the institution’s adopted financial reporting framework. The submission of sub-standard financial statements also hinders the commencement of the planned audits.

The Auditor General seeks the cooperation of all, and reassures the institutions and all other stakeholders that the audit service delivery is purposely to enhance accountability and transparency in our public financial management system.

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