The Accountant General’s Department is responsible for all monies paid into or out of the Bermuda Government. As such we monitor the funds flowing throughout all government accounts. Our department also manages the Government’s working capital to ensure that Government remains sufficiently liquid to cover all operating expenditures whilst at the same time maximizing Government’s return on its cash holdings.
In exercising our mandate to control public funds under the Public Treasury (Administration and Payments) Act of 1969 (and Amendments), the Accountant General’s Department is committed to ensuring that there are sufficient safeguards in place to ensue Government assets are properly protected, funds that are issued are duly authorized and that Government is receiving optimal value for the money it spends. As such, we manage several functional sections, and funds (pension retirement, asset funds etc.) within the department.
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