The Commissioner of Audit, Mr. Ho Veng On, presented the “Audit Report on the General Account of the Government for the year 2022” at the plenary meeting of the Legislative Assembly today, specifically explaining the situation of the work carried out by the Audit Commission (CA, from the Portuguese acronym) after the Financial Bureau submitted all the relevant accounts and information at the end of May this year.

CA completed the audit in accordance with regulations and rules by the end of September. During the audit, it reviewed the revenues, expenses and assets of the “Integrated Ordinary Account of the Macao Special Administrative Region” for the year 2022, the amounts of which had, respectively, reached 109.1 billion, 102.1 billion and 68.1 billion patacas, covering the general revenue of the MSAR, the expenses, assets and liabilities of 40 non-autonomous departments and 12 departments with administrative autonomy, the expenses of four separate chapters, the Treasury’s central account of assets, liabilities and net assets, as well as the management accounts of 12 departments with administrative autonomy and 38 autonomous departments and institutions, with a total of 4.4 million accounting records. The balance of the Financial Reserve revealed in the “note 27” of the Integrated Account was 558 billion, involving 2.36 million accounting records.

As to the “Aggregated Account of the Special Institutions”, the amount of revenues, expenses and assets was 10.9 billion, 23 billion and 363.5 billion, respectively, involving 2.3 million accounting records of 8 special institutions.

Before the submission of the “Audit Report on the General Account of the Government for the year 2022” to the Chief Executive, CA had already made a description of all relevant audit risks and completed all audit procedures through the established verification procedures. In addition, the above-mentioned work had been subject to an internal audit conducted by the respective independent internal entity, so as to provide a reliable and quality basis for the expression of audit opinion.

According to the audit results, the “General Account of the Macao Special Administrative Region for the year 2022” were prepared in accordance with the laws, reflecting, in all material aspects, the execution or operation results of the MSAR Government in the year 2022 under the respective systems, and the financial position as at 31 December 2022. Therefore, the Commissioner of Audit issued an unqualified audit opinion on the “General Account of the Macao Special Administrative Region for the year 2022”.

The Audit Report was submitted to the Chief Executive and sent to the Legislative Assembly, and was later presented in the Assembly plenary meeting. Full text of the Audit Report can be downloaded from the website of CA, while paper copies are available at its Office during office hours.