updated 1:29 PM PDT, May 26, 2017
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New Auditor General Appointed 

Governor John Duncan has appointed a new Auditor General two months before he departs the BVI. 

The new AG is a former Chief Auditor of the Turks and Caicos Islands, Mr. Phil Sharman.

In the announcement yesterday afternoon, May 18th, government said that Sharman’s appointment which will take effect from August 2017, was made by the Governor under section 92(1) and 92(4) of the Virgin Islands Constitution, and acting in accordance with the advice of the Public Service Commission, and after consultation with the Premier of the Virgin Islands, respectively.

Sharman fills the post which was vacant since the retirement of the former incumbent in September 2015. The vacancy was followed by comprehensive recruitment rounds on three separate occasions to identify the best suited candidate.

In this capacity, Sharman will audit the Government accounts produced by the Treasury Department and inquire into and audit the financial records of Government departments and ministries, plus statutory boards and trusts, to evaluate compliance with financial legislation and regulations.

He will also serve as an advisory member of the Public Accounts Committee, and will function as the Accounting Officer for the Office of the Auditor General, and will develop and implement strategic plans for its use.

The new AG will also be responsible for administering and managing the process of monitoring the financial activities of Government departments and statutory bodies, to ensure accountability of public funds and compliance with financial regulations and budgetary constraints.

The Auditor General role is also responsible for auditing and producing report annually on the accounts of the House of Assembly and all Government departments and offices, including the Public Service Commission, the teaching Service Commission and the Police Service Commission.

Other responsibilities will include providing assistance to accounting officers in departments on their accounting and control systems to improve processes across Government.

Currently, Mr. Sharman is the statutory Chief Auditor for St. Helena, responsible for promoting public accountability, advising the Public Accounts Committee, and providing assurance to stakeholders on the use of taxpayer funds through the audit of the financial statements of Government and other public bodies in St. Helena.

He is a Chartered Public Finance Accountant with professional membership in both the Chartered Institute of Public Finance and Accountancy, and the Chartered Accountants of Australia and New Zealand.

He also has extensive experience as a statutory external auditor, having previously held director level roles with the Audit Commission and Audit New Zealand, with reporting responsibilities across all major sectors including central government and state owned enterprises, local government, health and education.

Last modified onFriday, 19 May 2017 09:08
  • Source: BVIHotpress.com

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