Audit Commission's review of the Government's tender exercise for procuring bottled drinking water
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Audit carries out regularity audits under the Audit Ordinance (Cap. 122) to ensure that the financial and accounting transactions of the Government and public moneys are proper and conform to accepted accounting standards. The Government's tender exercise for procuring bottled drinking water falls within the scope of Audit's work. As the auditor of the Government's accounts, Audit undertakes to identify any deficiencies through auditing the accounts. Should any deficiencies or irregularities be detected, Audit will make candid reporting of such, including proposed areas for improvement and recommendations in form of management letter for relevant government bureaux/departments' follow-up actions.
In addition, apart from auditing the Government's accounts, Audit also takes into account factors including materiality, timeliness, amount of public money and risk involved and value added in determining whether value for money audit shall be conducted on a specific subject. In line with the Government's confidentiality requirement on value for money audits, all information on issues under consideration for examination or under examination are confidential. Therefore, Audit cannot disclose if it is considering to conduct examination or is conducting examination on a particular issue.
Ends/Monday, August 18, 2025
Issued at HKT 0:53
Issued at HKT 0:53
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