PHILIPSBURG:— The General Audit Chamber presented its audit report entitled Compliance Audit: Financial Statements of St. Maarten 2018 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 2018 Financial Statements should have been prepared by September 1st, 2019. The 2018 Financial Statements were presented in October 2020. The Audit Chamber reported within the legal 6 weeks, after receiving SOAB’s report on July 16th, 2021.
The fiscal year 2018 ended with a deficit of ANG 121.2 million according to the ...
To read more: https://www.smn-news.com/st-maarten-st-martin-news/38301-financial-statement-of-st-maarten-2018.html
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