Dey working to rectify GRFU’s financial audit issues

Along with the hosting of its Annual General Meeting (AGM), the Guyana Rugby Football Union (GRFU) on Saturday elected a new Executive Body with Ryan Dey at the helm once again. However, also on the agenda was addressing the Union’s financial audit situation.

Dey was on hand after the election to share his gratitude and his plans for his new term in office.
“I want to thank the players and the members of the Union for giving me another shot at this presidency. My previous presidency was good; we didn’t have a lot of time on our hands because of the COVID-19 pandemic, but now it seems that the country is being opened slowly now,” the newly-re-elected GRFU President shared.
He added, “So, hopefully most of the things that we wanted to do then, I can get to do now.
“That includes getting rugby into other regions, having more local tournaments, having our players get a chance to train properly so we can reach that level that we once were before,” Dey indicated, in listing priorities on his Executive’s agenda.
The AGM did not come without drama, however, as the financial position of the Union was questioned.
Addressing this issue, Dey explained that there were financial papers outstanding from the 2018-2019 administration which are stalling a full audit.
“We cannot do an audited financial statement because the Union before us, that’s the 2018-2019, haven’t supplied us with the relevant documents for us to go to the auditing firm, so they can audit their books and then audit our books,” Dey said in response to the inquiry.
He went on to assure, “Our books are intact, but we need succession, it cannot be that you skip two years and then do our two years. We have to have the relevant documents from the previous Union, that’s the 2018-2019 Union, in order for us to have an audited financial statement.”
Dey further argued that this was also under the guidance of the Union’s preferred audit firm and his administration would be pursuing their colleagues from the previous Executive body, in order to rectify the problem.
He shared, “We did approach an auditing firm, actually that’s the auditing firm that did our auditing for the past five years and they said we cannot do an audit. We as in when I was in office. We cannot do one until 2018-2019 is fully audited.”
“Now, we will be pursuing the personnel or persons from the previous Union to get these documents so that we can be financially audited and show our transparency when it comes to spending monies.”
Dey’s new term is expected to run from 2022 to 2023.