The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed
This paper examines the function of the Public Accounts Committee (PAC) of all the eleven states in Peninsula Malaysia. The concept of PAC oversight exists as an essential effect to the legislature’s process, where oversight function compliments rather than hampers the effective performance of fina...
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| Format: | Article |
| Language: | English |
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Accounting Research Institute (ARI) & Faculty of Accountancy
2009
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| Online Access: | https://ir.uitm.edu.my/id/eprint/262/ |
| _version_ | 1848802304213385216 |
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| author | Nafsiah, Mohamed |
| author_facet | Nafsiah, Mohamed |
| author_sort | Nafsiah, Mohamed |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This paper examines the function of the Public Accounts Committee (PAC) of all the eleven states in Peninsula Malaysia. The concept of PAC oversight exists as
an essential effect to the legislature’s process, where oversight function compliments rather than hampers the effective performance of financial accountability with which the executive is entrusted. A preliminary study was
carried out on one 2005 PAC Report of a state and it was found that the Report was made based on the 2002 audited financial statements. Further analysis on
the 2005 PAC Report of the other ten states reveals that the PAC Reports of all
these states were outdated because they review non-current audited financial
statements. Some states even reviewed and made reports on a few years’ financial
statements concurrently. Thus, the significance of the PAC Report is at stake as
the comments and recommendations made might not be relevant. |
| first_indexed | 2025-11-14T21:21:13Z |
| format | Article |
| id | uitm-262 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:21:13Z |
| publishDate | 2009 |
| publisher | Accounting Research Institute (ARI) & Faculty of Accountancy |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-2622022-12-29T02:37:50Z https://ir.uitm.edu.my/id/eprint/262/ The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed mar Nafsiah, Mohamed This paper examines the function of the Public Accounts Committee (PAC) of all the eleven states in Peninsula Malaysia. The concept of PAC oversight exists as an essential effect to the legislature’s process, where oversight function compliments rather than hampers the effective performance of financial accountability with which the executive is entrusted. A preliminary study was carried out on one 2005 PAC Report of a state and it was found that the Report was made based on the 2002 audited financial statements. Further analysis on the 2005 PAC Report of the other ten states reveals that the PAC Reports of all these states were outdated because they review non-current audited financial statements. Some states even reviewed and made reports on a few years’ financial statements concurrently. Thus, the significance of the PAC Report is at stake as the comments and recommendations made might not be relevant. Accounting Research Institute (ARI) & Faculty of Accountancy 2009-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/262/2/262.pdf Nafsiah, Mohamed (2009) The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed. (2009) Malaysian Accounting Review <https://ir.uitm.edu.my/view/publication/Malaysian_Accounting_Review.html>, 8 (2). pp. 1-15. ISSN 1675-4077 https://mar.uitm.edu.my/ |
| spellingShingle | Nafsiah, Mohamed The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title | The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title_full | The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title_fullStr | The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title_full_unstemmed | The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title_short | The magnitude of Public Accounts Committee’s (PAC’s) work in reviewing and reporting on state government’s financial statements / Rose Shamsiah Samsudin and Nafsiah Mohamed |
| title_sort | magnitude of public accounts committee’s (pac’s) work in reviewing and reporting on state government’s financial statements / rose shamsiah samsudin and nafsiah mohamed |
| url | https://ir.uitm.edu.my/id/eprint/262/ https://ir.uitm.edu.my/id/eprint/262/ |