The Accountant General shall establish a process for the preparation of the annual financial statements that includes—
(a) transactions that are included and verified for accuracy;
(b) annual asset and inventory count and an updated asset register;
(c) commitments and accruals;
(d) liabilities;
(e) reconciliation of a suspense account, including bank accounts;
(f) identification of a transaction that requires disclosure;
(g) review by management and internal audit;
(h) process for correcting errors identified during the process;
(i) a review of how the report of the Director of Audit for the previous year has been addressed.