DECISION ON FINANCIAL MATTERS
Doc. EX. CL/957(XXVII)
The Executive Council,
1. TAKES NOTE of the Report of the PRC and ENDORSES the recommendations contained therein;
A. ON THE AUDIT OF THE COMMISSION BUDGET PERFORMANCE FOR THE YEAR 2015 AND RECOMMENDATION MATRIX OF 30 APRIL 2016 - Doc. EX.CL/957(XXIX)
2. REQUESTS:
i) The Commission to address the issues raised by the PRC on Audit Matters;
ii) The Departments and organs responsible for implementing pending audit recommendations to take necessary actions to implement so as to enhance improvements in the operations of the organization failing which sanctions will be applied;
3. ALSO REQUESTS the Commission:
i) To accompany all the recommendations contained in the audit report and a detailed matrix with deadlines for implementation;
ii) To draw up the matrix of implementation of the audit recommendations in accordance with the relevant decision of the Executive Council Session held in Johannesburg, South Africa in June 2015.
B. ON THE FINANCIAL STATEMENTS OF THE AU ORGANS FOR THE YEAR ENDED 31 DECEMBER 2014 - Doc. EX.CL/957(XXIX)
4. CALLS UPON each of the AU organs to address the issues raised under their respective Audited Financial Reports and implement the recommendations contained therein;
5. REQUESTS the Chairperson of the Commission to report on the noncompliance to the Executive Council for corrective action;
C. ON MATTERS OF THE BOARD OF EXTERNAL AUDITORS (BOEA)
6. The Terms of Reference (TOR) of BOEA should be reviewed as provided for in the AU Financial Rules and Regulations;
REQUESTS the Commission:
j\ To publish the 2014 Audited and Approved Financial Statements of the Union in compliance with IPSAS requirements;
i') °n implementation of ^is decision during the AU summit of January