To reduce infractions, demand financial reports on a daily basis— To the heads of institutions, Johnson Asiedu

Jayon Music
Jayon Music
6 Min Read


To reduce infractions, demand financial reports on a daily basis— To the heads of institutions, Johnson Asiedu
To reduce infractions, demand financial reports on a daily basis— To the heads of institutions, Johnson Asiedu


To reduce infractions, demand financial reports on a daily basis—
To the heads of institutions, Johnson Asiedu

Mr Johnson Akuamoah Asiedu, the Auditor-General, has asked brains of public companies to indicate keen fascination and heighten his or her supervisory role above finances and fiscal transactions in his or her institutions.

This might support in reducing the amount of irregularities and economic infractions recorded in public areas institutions in the particular country.

The Auditor-General said this throughout a media proposal after the start in the 2021 Economic Year Audits regarding Ministries, Departments in addition to Agencies (MDAs) since well as City, Municipal and Region Assemblies (MMDAs).

The particular launch of the particular 2021 audit record is always to mark the particular official commencement regarding work on economic statements of MDAs and MMDAs, in addition to submit same in order to Parliament by 06 30, 2022.

The wedding also saw the particular launch of the particular “Citizenseye, ” a new mobile application that will permits Ghanaians in order to rate and record issues in relation to open public services in the nation regarding prompt action.

This specific formed portion of initiatives by the Examine Service in employing the Whistle Motorized inflator Act, 2006 (Act 720), as the particular software provides invisiblity for individuals who made record to the Services.

Gist:  Cocoa farmers appeal to GIZ-SMS to renew Covid response project

The 2020 record showed the economic infractions committed simply by various MDAs in addition to MMDAs, including money payroll irregularities, purchase, tax irregularities, shops irregularities and agreement irregularities, amounted in order to GH₵12, 856, 172, 626.

It was a great increase of 235. 11 per cent through the GH₵5. 468 billion dollars recorded in 2019.

The irregularities had been from trade borrowers, staff debtors in addition to outstanding loans again in of overview, amounting to GH₵10. 067 billion.

About the way forwards, Mr Asiedu mentioned it was crucial for the minds of public establishments to show enthusiastic interest in economic transactions that happened in their several institutions.

He explained: “There’s this view that if occur to be the head involving institution, you’re definitely not concerned about typically the financial transactions which will goes on, together with for that factor some accountants happen to be taking benefit involving it. ”

Yet , he said: “If the heads involving institutions are exhibiting interest in typically the finances and happen to be given financial revealing everyday/week/month, the accountancy firm will know of which there are administration over their exercises. We believe it will probably minimise the likelihood of these infractions. ”

Gist:  Quite a few drivers in Kumasi reluctantly accept 15% fare increment, required 30%

On crime, the Auditor-General explained there seemed to be the will need to collectively together with diligently fight in opposition to the canker throughout every sphere involving the economy, with no political colouration.

Mister Asiedu said: “We should not deal with [corruption] for the colours regarding politics. We need to fight as people of our state, and this can permit us to be able to gather enough data required to take those offenders to be able to book. ”

They lauded the Govt to the support presented to the Assistance in executing their mandate, inside the sort of budget increment, economical clearance to generate more staff, and even buy cross-country cars for operational uses.

The government inside 2017 provided a new budgetary allocation regarding GH₵184. 4 thousand for the Service, which in turn increased to GH₵254 in 2018; 307 million in 2019 then to 395. 6 million inside 2020.

The Assistance was allocated GH₵481. 67 million inside 2021 and inside 2022, GH₵536 thousand.

Gist:  The smartest financial specialist of all time

Mrs Abena Osei-Asare, the Deputy Ressortchef (umgangssprachlich) of Finance, activities on the problems, said the Authorities had commenced the “name and shame” scheme to make sure accountability and reduce the irregularities documented in public organizations.

She said: “The mere fact that will the Public Balances Committee invites the particular MDAs to show up in court by yourself, we are able to address regarding 50 per cent associated with the infractions. Therefore we believe the particular naming and shaming will go the long way to create these MDAs sit down straight up plus do the needful. ”

She pointed out that the Ministry was collaborating along with the Internal Review Agency as well as the press to enforce conformity of the General public Financial Management Take action, 2016 (PFMA Take action 921) for efficient accountability by community institutions.

She extra that the advantages with the Ghana. gov payment platform, E-Procurement as well as other digital paths by Government would likely lessen human discussion, and block many of the leaking recorded in typically the public financial method.

Share this Article
Leave a comment