AWARD FOR EXCELLENT FINANCIAL MANAGEMENT BASED ON INDEX ACCOUNTABILITY FROM 2008 TILL 2013
PDC was awarded the 4-Star rating for the 6th time for Accountability Index for Financial Management by the Auditor General’s Department
PDC was awarded the 4 Star rating for the fourth time that is the highest Financial Management Accountability Index rating by the Accountant General Department. Congratulations to all especially Puan Suzana and the team from the Finance Division
In December 2005, the Government proposed a benchmarking system based on ‘star rating’ to evaluate government agencies. This benchmarking is to ensure that best practices are continuously incorporated in the civil service to ensure excellence in government delivery system to the people. In line with the aspiration of the Government, the National Audit Department had decided to evaluate PDC’s financial management. With this award, PDC will be able to continuously improve and enhance its financial management.
The audit focused on eight main aspects ie Controls of Budget Management, Receipt and Expenditure, Management of Group Accounts and Deposit, Asset Management and Inventory. The Management of Investment and Loans as well as Financial Statement of PDC received excellent marks in Financial Management based on Accountability Index thus achieving the 4-star rating for four consecutive years. On 1st October 2012, PDC first received the recognition in a ceremony that was held in conjunction with Malaysian Audit Day.