Former Auditor General Anand Goolsarran has defended the restricted tendering of audits by the government for state entities arguing that time is of the essence and these are essentially stocktaking exercises.
Goolsarran is one of a number of accountants in the private sector who have been hired by the new APNU+AFC administration to undertake audits of around 30 entities including high-profile agencies like the National Industrial and Commercial Investments Limited (NICIL) and the Guyana Geology and Mines Commission (GGMC). Critics have said that there should have been open tendering and these audits should have come under the aegis of the Office of the Auditor General.
Writing in his accountability column in Monday’s Stabroek News, Goolsarran contended that there are a limited number of Chartered Accounting firms in the country, and not all of them offer forensic auditing services. Further, he noted that forensic auditing does not
