The Auditor General, Mr. Alastair Swarbrick, made public today (Wednesday, 22 January 2014) five reports on governance in the Cayman Islands Government. The five reports describe how governance works in the Cayman Islands Government and provide an assessment of how well it is working.
(Media-Newswire.com) - The Auditor General, Mr. Alastair Swarbrick, made public today ( Wednesday, 22 January 2014 ) five reports on governance in the Cayman Islands Government. The five reports describe how governance works in the Cayman Islands Government and provide an assessment of how well it is working.
The five reports include:
Key Messages ( an overview of the other four reports )
Describing the Framework ( a study of how governance works )
A Survey of Statutory Authority and Government Company ( SAGC ) Governance
How Core Government Manages Resources and
The Accountability of Statutory Authorities and Government Companies.
"The Constitution and the legislation of the Cayman Islands provide a solid foundation for good governance," said the Auditor General. "Our audit work found, however, that the implementation of the laws falls short or are overridden creating significant risks for government operations."
The Auditor General noted that the following areas require improvement:
Compliance - significant weaknesses with the implementation of policies and practices
Complexity - some areas of the governance framework are too complex to implement effectively
Achieving results - the governance framework focuses too much on activities and not the achievement of results
Roles and responsibilities - the governance framework is not always well understood by the people who are involved in its implementation and management
Ethics and values - government has not done enough to embed the necessary ethics and values in its decision making processes
SAGC accountability - the arrangements to hold SAGCs to account are weak and core government is challenged to hold these entities to account
SAGC governance - policies and practices in SAGCs have significant weaknesses and gaps leading to risks of poor performance and poor value for money
"The five reports I have made public today are quite technical and will require time by Government to address," said Mr. Swarbrick. "However, I believe that there will be opportunities to manage government more efficiently and effectively if my recommendations are implemented. Good governance leads to good results and, therefore, I look forward to working with Government to address the weaknesses I found".
More information regarding this report can be obtained by contacting Martin Ruben at the Office of the Auditor General at ( 345 ) 244-3206. Copies of the reports are available at www.auditorgeneral.ky
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