Mr. Sule Saaka, Upper East Regional Auditor, has said non-submission of accounting reports and failure of accountants to scrutinize financial transactions of state institutions could affect their chances of receiving support from development partners.
He said poor management of financial resources had taken a bigger toll on many state institutions and urged auditors to let emerging issues from the Public Accounts Committee be a wake-up call on their performance.
Mr. Saaka said this in a solidarity message to auditors of the Ghana Education Service (GES) in Bolgatanga and called on them to take control of their profession to save the country of its resources.
He said issues of unsupported payments, non-payments of taxes, non-payment of VAT and misappropriation of funds were areas that resurfaced in audit recommendations of most state institutions.
He indicated that some institutions used funds from other accounts not meant for certain expenditures and failed to return them.
He called on internal auditors to take interest to scrutinize their accounts before they submitted them for audit.
|Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.|