The Accountant General, is required to prepare, sign and submit financial statements to the Director of Audit within four (4) months after the close of the financial year, for all public money and showing fully, the financial position of Saint Vincent and the Grenadines at the end of the Financial year, in accordance with section 49 (2) of the Finance Administration Act, Chapter 252 of the Laws of St. Vincent and the Grenadines, Revised Edition, 2009.

The Director of Audit is mandated by the provisions of Chapter 10, section 75(2) of the Constitution of St. Vincent and the Grenadines and Chapter 245, section 11(a) of the Audit Act of the Laws of Saint Vincent and the Grenadines, Revised Edition, 2009, to audit and report, at least once annually, on the Public Accounts of St. Vincent and the Grenadines. 

The Director of Audit is required in each financial year, not later than three (3) months after the receipt of the certified Public Accounts for that year from the Accountant General, under section 49(2) of the Finance Administration Act 2004 or any extension under subsection 49(3) of that Act, to submit her report on the Public Accounts to the Minister, in accordance with sections 12(1) and (3) of the Audit Act.