The Mayor and Councillors of the city of Georgetown through the office of newly appointed Town Clerk Royston King will be inviting the Auditor General’s office to conduct an audit into the financial operations of the city.
This is in addition to the recent establishment of an internal audit department headed by Omadele Newton.
King explained to Stabroek News on Tuesday that the audit being conducted by the internal audit department is “about value for money and risk assessment as well as making recommendations so that council can be properly informed when making decisions.”
“Our internal audit department will be used to assess and manage risks and to plot/design systems all to help us to get value for money, we are working hard to have it functioning so that we can account to citizens for the taxes they pay to us”, he said.
Meanwhile the auditor general will be asked to conduct a “comprehensive audit” of the financial management systems of the council. “They will audit to see what are our financial management systems, how effective they are; to see if there have been any breaches and
