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{
    "id": 1464461,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1464461/?format=api",
    "text_counter": 342,
    "type": "speech",
    "speaker_name": "Kibwezi East, WDM",
    "speaker_title": "Hon. Jessica Mbalu",
    "speaker": null,
    "content": "organisation's activities and all its operations in line with the international standards on auditing and international financial reporting standards. These are guidelines by the Public Sector Accounting Standards Board (PSASB). The Committee was convinced that the firm they are seeking approval for from this House is in good standing in terms of its books. Hon. Temporary Speaker, the Committee also expressed itself through opinion on the financial statements that have been prepared. In all material aspects, it is in accordance with the applicable international financial reporting standards and the frameworks. They also looked at whether the organisation had maintained proper books of accounts and whether their company financial statements have given a true and fair view of the financial position of the Office of the Auditor-General. These findings and examination by the Committee shows how Public Accounts Committee went into details, even looking at the tenders in terms of the technical and the financial aspects. Hon. Temporary Speaker, as a finance expert I am convinced that all these areas that the Public Accounts Committee looked at make this firm the right one to audit the Auditor- General. In future, I encourage that more firms bid in such advertisements so that we can have competitive bidding. We only got two bidders and the committee selected one of the two."
}