Audit Objective
The objective of this performance audit is to examine the effectiveness of the 2013 Budget Appropriations as approved by the National Parliament and subsequent release of warrant authorities, with a specific focus on the following key processes:
- The development and issue of Budget Ceilings and their impact on agency budget submissions;
- The approval process for the budgets and subsequent transfers; and
- The warrant release allocation process.
Audit Approach
By way of addressing the audit objective, the audit involved the following key steps and
areas of coverage:
- Reviewing and assessment of publicly disclosed budget documents and records on Treasury website including the 2013 Budget Book, budget circulars and manual, 2013 Appropriation Acts and legislations, Budget Policies and Strategies, Financial Management Act, Financial Management Manuals and other related budget documents.
- Examination and comparative analysis of Warrants Authorities and related data held at Treasury against 2013 Budget Appropriations and subsequent transfers including controls surrounding the overall budget frame work.
- Confirmation of timeliness of cash movement associated with warrants releases by interviewing key government agencies including Department of Finance and Treasury.