The Committee has the duty to assist and act on matters referred to it by the House for scrutiny and to submit reports on:

• The accounts showing the appropriation of the sums granted by Parliament to meet public expenditure of the Republic;
• Such other accounts and any other matter or task as my be referred to the Committee by the House or under any other law;
• All reports of the Auditor General on any such accounts;
• All accounts and reports of accounts where the State has interests; and
• All State-Owned Enterprises and Parastatals.
• The Committee reports on its findings and makes its recommendations to the Assembly for consideration and debate.
• Upon adoption of the reports and recommendations by the Assembly, the Committee has a duty to report on the implementation of the recommendations as adopted.