PHILIPSBURG:— The General Audit Chamber presented its audit report entitled Compliance Audit: Financial Statements of St. Maarten 2017 to Parliament today. The General Audit Chamber is required by law to examine whether Government was legally compliant and effective in its spending of St. Maarten’s public funds.
The 2017 financial statements should have been drafted on September 1st, 2018. Instead, the General Audit Chamber and the SOAB received the financial statements from Government on October 30th, 2020. The SOAB must first review and issue a report after which the legal timeline for the Audit Chamber to report starts. That timeline started ...
To read more: https://www.smn-news.com/st-maarten-st-martin-news/37960-financial-statement-2017-of-st-maarten.html
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