Compliance Audits in Finance: A Key Pillar of Good Governance in the Solomon Islands

The Office of the Auditor General in the Solomon Islands plays a vital role in ensuring transparency and accountability in the country’s financial management. One of its key functions is conducting compliance audits, which are designed to verify whether government entities and state-owned enterprises comply with relevant laws, regulations, and procedures.

Conducting Compliance Audits

The Auditor General’s office conducts annual audits on all levels of government, including:

• National government
• Provincial governments
• Honiara City Council

In addition to these regular audits, the office also performs special investigation audits, performance audits, and financial statement audits to ensure that public funds are being used effectively and efficiently.

Reporting Findings and Recommendations

The audit reports are submitted to relevant authorities, including:

• Speaker of the National Parliament
• Provincial assemblies
• State-owned enterprise boards

The findings and recommendations contained in these reports help inform decision-making and drive improvements in government operations.

Supporting Public Accounts Committee

In addition to its auditing work, the Office of the Auditor General provides support to the Public Accounts Committee of the National Parliament. This support ensures that parliamentarians have access to accurate and reliable information about the government’s financial performance.

Promoting Good Governance and Transparency

The Auditor General’s office is committed to promoting good governance and transparency in the Solomon Islands. Its compliance audits play a critical role in achieving this goal by:

• Identifying areas of non-compliance
• Providing recommendations for improvement
• Promoting accountability among government entities and state-owned enterprises

By conducting thorough compliance audits, the Office of the Auditor General helps ensure that public funds are being used efficiently and effectively, promoting good governance and transparency in the Solomon Islands.