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Steering Committee For External And Internal Audit Service

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A joint steering committee for the Audit Service and  Internal Audit Agency (IAA) has been inaugurated to ensure effective and efficient use of audit resources.
The committee was formed as part of a memorandum of understanding (MOU) that was signed by the two institutions in November 2007.
The nine-member committee, which is chaired by the Acting Auditor-General, Richard Quartey, is expected to share information and create opportunities for mutual collaboration in the delivery of internal and external auditing services.
The steering committee is also mandated to outline the basis for the collaboration between the two institutions in fostering the values of transparency, discipline, accountability and performance in the discharge of their statutory and professional duties.
Inaugurating the joint steering committee, Mr Richard Quartey,  said that the objectives of the committee were to provide the constitutional framework needed to promote cooperation and collaboration between the two bodies.
“The committee is also mandated to identify high risk areas in the public sectors and agree on a strategy for auditing in the country,” he added.
Mr. Quartey stressed that committee would play a key role in ensuring the removal of duplication and clash of schedules and arrangements for regular consultation to provide the basis for identifying opportunities, stressing, 
“The two institutions in pursuance of the MOU would share planning and risk assessment information, reports and information, audit assignments, technical capacity and modalities and create opportunities for consultation.
This is another sign that we are willing to cooperate with both public sector and civil society institutions in areas of good governance, accountability and anti corruption programmes.”
Patrick Nomo, the Director-General of the Internal Audit Agency (IAA), who is also the Vice Chairman of the Committee, noted that external and internal audit services play complimentary roles in ensuring public accountability, performance and promotes effective and efficient use of resources.
He said, “The collaboration between the two institutions would help avoid exhaustive use of executive time and resources.
The ideals that have inspired us to enter into this union must persist to achieve its objectives.”

 

A joint steering committee for the Audit Service and  Internal Audit Agency (IAA) has been inaugurated to ensure effective and efficient use of audit resources.

The committee was formed as part of a memorandum of understanding (MOU) that was signed by the two institutions in November 2007.

The nine-member committee, which is chaired by the Acting Auditor-General, Richard Quartey, is expected to share information and create opportunities for mutual collaboration in the delivery of internal and external auditing services.

The steering committee is also mandated to outline the basis for the collaboration between the two institutions in fostering the values of transparency, discipline, accountability and performance in the discharge of their statutory and professional duties.

Inaugurating the joint steering committee, Mr Richard Quartey,  said that the objectives of the committee were to provide the constitutional framework needed to promote cooperation and collaboration between the two bodies.

“The committee is also mandated to identify high risk areas in the public sectors and agree on a strategy for auditing in the country,” he added.

Mr. Quartey stressed that committee would play a key role in ensuring the removal of duplication and clash of schedules and arrangements for regular consultation to provide the basis for identifying opportunities, stressing, 

“The two institutions in pursuance of the MOU would share planning and risk assessment information, reports and information, audit assignments, technical capacity and modalities and create opportunities for consultation.

This is another sign that we are willing to cooperate with both public sector and civil society institutions in areas of good governance, accountability and anti corruption programmes.”

Patrick Nomo, the Director-General of the Internal Audit Agency (IAA), who is also the Vice Chairman of the Committee, noted that external and internal audit services play complimentary roles in ensuring public accountability, performance and promotes effective and efficient use of resources.

He said, “The collaboration between the two institutions would help avoid exhaustive use of executive time and resources.

The ideals that have inspired us to enter into this union must persist to achieve its objectives.”

Credit: dailyguideghana.com

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