Statutory Roles – NBC Institute

PSAF – Mar 2023 – L2 – Q1b – Public expenditure and financial accountability framework

Discusses the statutory roles of the Internal Audit Agency and Ghana Audit Service in public financial management.

Question

In its quest of deepening public financial management in Ghana, the Government of the Republic, supported by the Development Partners, launched a reform project in the year 2003, called Public Financial Management Reform Programme (PUFMARP). This programme produced, among others, two important legislations to regulate internal and external audit practice in the public sector. These are Internal Audit Agency Act, 2003 (Act 658) and Audit Service Act, 2000 (Act 584) respectively.

Required:
Enumerate THREE (3) statutory roles each of Internal Audit Agency and Ghana Audit Service.
(10 marks)

Answer

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Tags: Ghana Audit Service, Internal Audit, Public Financial Management, Statutory Roles
Level: Level 2

Topic: Public expenditure and financial accountability framework
Series: MAR 2023

Question Tag: Statutory Roles

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PSAF – Mar 2023 – L2 – Q1b – Public expenditure and financial accountability framework

Discusses the statutory roles of the Internal Audit Agency and Ghana Audit Service in public financial management.

PSAF – Mar 2023 – L2 – Q1b – Public expenditure and financial accountability framework

Discusses the statutory roles of the Internal Audit Agency and Ghana Audit Service in public financial management.

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PSAF – Mar 2023 – L2 – Q1b – Public expenditure and financial accountability framework

Discusses the statutory roles of the Internal Audit Agency and Ghana Audit Service in public financial management.

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PSAF – Mar 2023 – L2 – Q1b – Public expenditure and financial accountability framework

Discusses the statutory roles of the Internal Audit Agency and Ghana Audit Service in public financial management.

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