(1) An accounting officer shall, on a monthly basis and prior to the close of the month, provide the Accountant General with a certificate that—
(a) a transaction is supported by authentic and verifiable source document;
(b) a receipt is recorded and reconciled;
(c) an electronic fund transfer is accurate and recorded;
(d) a bank reconciliation has been done with an explanation for any unreconciled item;
(e) a list of all outstanding commitments which includes the date and amount for each commitment;
(f) a suspense account is cleared and correctly allocated to the relevant vote and accounting code together with a list of uncleared accounts, and the reasons for the accounts being uncleared.
(2) The Director of Finance shall prepare a consolidated monthly statement of all fiscal operations of the Government, with a brief analytical report on what it implies for the annual budget and fiscal position of the Government.
(3) The consolidated monthly statement under subregulation (2) must be submitted to the Permanent Secretary in the Ministry responsible for finance and the Minister by the 15th day of the following month.
(4) The Director of Finance shall consolidate a fiscal risk report based on the reports received from the Government Agency
(5) The consolidated fiscal risk report must be submitted to the Permanent Secretary of the Ministry responsible for finance and the Minister together with a strategy to manage the risks.
(6) The Director of Finance shall review and approve the fiscal reporting procedure together with templates to assist decision making.
(7) After the end of each month, an accounting officer shall ensure that the expenditure and revenue vote accounts are reconciled with the accounts of the Accountant General.