The National Audit Office has published the “Annual Audit Report”, which was prepared by the international auditing company “Deloitte”, where MLGA has been evaluated for the high degree of control and accountability in the financial management process of public finances, as well as for the addressing of recommendations.
The audit report assesses MLGA as an institution that has established sound controls in relation to its obligations, where management and financial control have proved a good review process and a security of legislation and other control processes.
MLGA for 2017 has not received any recommendations in the following areas:
1) Annual Financial Statements;
2) Salaries and wages;
3) Goods and Services;
4) Utilities;
5) Capital Investments;
6) Human Resources Management;
7) Subsidies and transfers;
8) Unpaid Obligations;
9) Internal Audit System.
The annual audit report for MLGA has also evaluated the progress that was achieved on the implementation of the audit recommendations. From a three-year assessment: 2015, 2016 and 2017, the report finds that a progress has been made in the implementation of all recommendations. Out of 10 total recommendations given in 2015, in 2017, 6 of them were fully implemented and 4 were addressed and are in the process of being implemented.
MLGA remains committed to addressing all findings and implementing all recommendations.