SERHA – Audited financial statements, statutory payments and bank reconciliation in arrears

Auditor General's Findings

No audited financial statements for 2010, 2011 and 2012 were submitted to the Ministry of Finance and no statutory returns were paid over to the relevant authorities for 2004 to 2010. Although bank accounts should be reconciled monthly, SERAH’s last certified reconciliation was two years ago, in 2010.