PHILIPSBURG:--- The General Audit Chamber presented the 2021 Annual Report to the Governor and Parliament on February 28th, 2022. By law, this report must be presented prior to July 1st, well ahead of schedule. In the annual report, the Audit Chamber acknowledges that the financial impact due to the COVID-19 pandemic was a dominant factor for both Government as well as the institution.
Government’s recovery was supported in 2021 by financial support from the Netherlands, which is conditional on implementing reform as stipulated in the Country packages. Improvement of Government’s operations is existent, but still, much improvement is needed. The Audit Chamber references in this regard the long-existing backlog in the Government’s financial statements which was reduced in 2021, though the financial statements of 2019 and 2020 remain pending. Financial statements of the Government are required to be presented within 9 months after the end of a fiscal year.
In terms of its performance, the Audit Chamber produced a total of 12 reports on a variety of topics in 2021. Three of the reports were confidential and as such, not publicly available. Each report is described in the annual report. In addition, the Audit Chamber reports that it worked in 2021 to further enhance internal policies. The annual report provides details regarding the budget realization for the fiscal year 2021 and contains information about the institution’s communication performance including several social media KPIs.
The report is published in both English and Dutch and is available on the website of the General Audit Chamber (www.arsxm.org) and via links on their social media platforms Facebook and LinkedIn.
CLICK HERE TO VIEW THE REPORT.
