What is a forensic audit? It is best defined as an examination and evaluation of financial records. During a forensic audit, an auditor seeks to derive evidence that could potentially be used in court. A forensic audit is used to uncover criminal behaviour such as fraud or embezzlement.The govern.
The Cabinet has yet to explain its decision to instruct the overseas-based audit firm to re-examine 'only' 13 projects from the extensive list initially earmarked for scrutiny under the forensic audit initiative. It is also unknown how the remaining $304k will be used from the $1 million tala all.
Concern raised over court delays in Vanuatu indecency case; US$26 million for critical services in American Samoa; abandoned Samoa airport project cost 1.7m tala; nominations open for PNG elections Concern.