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Annual Reports and Financial Disclosure to Parliament

  • Paschal Mihyo
Part of the Institute of Social Studies book series (ISSTH)

Abstract

Questions, debates and motions are the continuous mechanisms through which governments are to be made accountable for their conduct and that of their agencies during sessions of Parliament. Annual reports are periodic mechanisms. The Morrisonian model of public enterprises puts considerable faith in continuous and periodic mechanisms which can provide information to Parliament on the activities of enterprises. Corporations are expected to prepare annual reports describing their activities and showing the extent to which they have attained their statutory objectives, and to table these through the ministries. Private companies also produce annual reports, which they present to both the Registrar of Companies (Cap 212: 109–112) and to their annual meetings. Cooperatives do the same; their annual reports to the Registrar of Cooperatives provide detailed accounts of their activities and transactions (Cooperative Societies Act 1982: 67–71).

Keywords

Annual Report External Debt Public Enterprise Financial Disclosure Audit Report 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Institute of Social Studies 1994

Authors and Affiliations

  • Paschal Mihyo
    • 1
  1. 1.Institute of Social StudiesThe HagueNetherlands

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