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Compass News
Compass News – 15 October 2025
The coalition government delivers its strategic plan in Parliament — we’ll break down the priorities.
Parents compete with screens for their kids’ attention — experts weigh in on ways to navigate the challenge.
And a Caymanian ends up on top at the world finals — find out which sport made waves.
| 00:29:17
Cayman Compass
Auditor general criticises public-sector financial management
The latest report on government finances from the Office of the Auditor General highlighted “fundamental weaknesses in financial oversight that must be addressed urgently”.
In a 3 Oct. press release accompanying the report, Auditor General Patrick Smith warned that unreliable financial reporting “undermines effective governance and decision-making”.
“Public bodies collectively made 336 adjustments valued at $150 million to their financial statements after submission for audit, which raises serious questions about the reliability of financial information used for decision-making throughout the year,” said Smith.
The report follows controversy in September’s sitting of Parliament’s Finance Committee, when Kenneth Bryan, deputy leader of the opposition, challenged Finance Minister Rolston Anglin about inconsistent government finance projections. In August, Wayne Panton, who serves as parliamentary secretary across a number of portfolios, had quoted a $60 million projected deficit for 2025, but by late September, the government said the year would actually see a $10.3 million surplus.
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