Section 87, The Public Financial Management Act, 2016

(1) Not later than three months after the end of a financialyear, the Accountant-General shall draw up and sign the annual financial statements of the Consolidated Fund which he shall submit, together with his explanatory report, to the Auditor-General through (2) The explanatory report referred to in subsection (1) shall include an overview of the annual financial statements of the Consolidated Fund and other information as may be required by any other enactment, or as may be requested by Parliament. (3) The annual financial statements of the Consolidated Fund shall - (a) be prepared in accordance with International Public Sector Accounting Standards; and (b) contain such other information as may be prescribed by the Minister. (4) Immediately after the annual financial statements of the Consolidated Fund and the explanatory report are submitted to the Auditor-General, the Accountant-General shall cause them to be published in the Gazette and the website of the Ministry of Finance. No. 13 Public Financial Management Act 2016 No. 13 Public Financial Management Act 201672 73 Informationgathering powers of Auditor- Annual financial statements of the central Audit fees. Auditing standards. Disallowance and surcharge by the Auditor-