Audited
Accounts
Road Fund
Account and the Road Rehabilitation and Maintenance Project (RRMP) ROADSIP Account are audited by external Auditors on a
yearly basis. The
external auditors are appointed by the Auditor General on the approval of the Board of
Directors of the National Road Fund Agency through a Tender.
Road Fund
Account is audited by Ernst & Young and the Road Rehabilitation
and Maintenance Project (RRMP) account is M T Ncube &
Associates. Audited Accounts are approved by the Board of Directors of National
Road Fund Agency.
The quarterly
audited accounts are published in the Newspapers in January, April, July, and
October and in our Annual Reports.
Ernst
& Young carry out audit of Road Fund for the 1st, 2nd 3rd and Fourth Quarters
while M T Ncube & Associates carry out audit of
Road Rehabilitation and maintenance Project (RRMP) Accounts on a yearly
basis. The audited accounts are usually circulated to stakeholders
in the road sector.
CYMA
carry out audit of DANIDA Account whose actual activity started in
August 2003 following receipt of funding from DANIDA. This
programme is for a period of five years. The The Danish
Government through DANIDA has provided support for the
rehabilitation of Zambia's road infrastructure. The Danish
Government has granted 370 million Danish Kroner, towards this
project.
The published
accounts are tabled in the National Assembly and circulated to all the stakeholders.
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