Auditor General’s Annual Report on the Accounts of Sierra Leone 2010

The Auditor General states to Parliament:


Auditor General
Mrs Lara Taylor-Pearc
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“In accordance with Section 119 (4) of the 1991 Constitution of Sierra Leone, I have the pleasure and honour to submit a detailed report on the audit of the Accounts of the Sierra Leone Government for the financial year ended 31st December, 2010.”

The role of ASSL is to independently review the economy, efficiency and effectiveness of government as the custodian of public funds and to ensure that these are used in the manner intended by Parliament as well as being clearly and accurately reported.

We are the guardian of Sierra Leone’s economic security and as such we act in a professional, ethical and transparent manner to assure the productive stewardship of the investments of taxpayers and other stakeholders, and to safeguard the citizens’ interest in the public sector.

The Auditor General issued a Qualified Opinion on the Public Accounts for the financial year ended 31st December, 2010. This was the result of her professional judgement based on audit findings as summarised below.

We found extensive internal control problems especially around revenue matters and the relationship between the National Revenue Authority (NRA) and the Ministry of Finance and Economic Development (MOFED) on the responsibility for the Consolidated Revenue Fund (CRF).

This was at the root of our decision to issue a qualified opinion on the Public Accounts and had the problems encountered been pervasive they would have given rise to a disclaimer of opinion, i.e. the (serious) situation where we are unable to obtain sufficient appropriate audit evidence on which to base the opinion. There is a need to clarify the relationship between MOFED and NRA with regards the responsibility for the CRF.

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