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IAA Works to Enhance Performance of Education and Health Sectors’ Audit Committees

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The Internal Audit Agency (IAA) of Ghana is currently focused on restructuring audit committees in the educational sector to improve their performance. According to Dr Eric Oduro Osae, the Director-General of the IAA, the agency is also partnering with the Ghana Integrity Initiative to enhance accountability and control systems in the health and education sectors. These measures aim to increase accessibility for women and other vulnerable groups.

The IAA has commenced the mass inauguration of Internal Audit Committees for Health Sector Institutions in the country. Dr Osae noted that the agency plans to hold virtual training for heads of internal audit units across the country on the effective use of IAA website and ICT tools.

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To improve accountability in public sector institutions, the IAA board has institutionalized a quarterly media briefing on the state of control systems in public sector institutions from the second quarter of 2023. This move seeks to encourage improved accountability across the board.

Dr Osae emphasized the need for public sector institutions to ensure that audit committee members participate in the Entrance and Exit meetings of external auditors. He also urged institutions to submit monthly reports on the deduction and payment of withholding taxes to the Ghana Revenue Authority.

It is essential to note that the ongoing payroll monitoring by the Fair Wages and Salaries Commission (FWSC) does not replace the submission of the monthly Electronic Salary Payroll Validation (ESPV) Internal Audit Report to the IAA, as directed by the Ministry of Finance and the Office of the President.

Dr Osae advised heads of public sector institutions to avoid the recruitment, posting, promotion, reassignment, or dismissal of heads of internal audit units without consulting the IAA and the Audit Committee.

For the most part, the IAA’s measures aim to improve accountability, transparency, and accessibility across the education and health sectors. It is important to note that participation in audits, submission of reports, and consultations with the IAA will enhance the performance of public sector institutions. In a nutshell, effective collaboration will drive development in the country’s health and education sectors.

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