Mr. Emmanuel B. Nyeswa, IAA Boss Mr. Emmanuel B. Nyeswa, IAA Boss

IAA Discloses Plan to Hire An Independent Firm to Audit It Featured

The Director General of the Internal Audit Agency (IAA), Mr. Emmanuel B. Nyeswa, has disclosed that the IAA has concluded resource mobilization with the Ministry of Finance and Development Planning (MFDP) for the contracting of a public accounting firm to audit the books of the agency to include its payroll for the period under the Director General’s stewardship.

Addressing a press conference on Monday, February 10, 2020 at the agency head offices in Congo Town, outside Monrovia, Nyeswa told reporters that this is in line with its 2013 section 8.2 requirement under the IAA to hire an independent and professional firm to audit its payroll.

The goal of the exercise, Nyeswa indicated , is to among other things, present a rigorous analysis of the IAA’s operations, while at the same time, vouch for its system of internal control in order to assuage any doubts of irregularities moving forward.

The IAA boss pointed out that the new exercise will demonstrate their quest to ensure the fulfillment of good governance practices in public sector by instituting systems and control as a way of guaranteeing fiscal probity in the expenditure of public resources
At the same time, Nyewa has also has disclosed plan to establish a national payroll clean-up taskforce in the country.

According to him, his agency will play a lead road in robustly auditing all line ministries and agencies of government.

He mentioned that the process will involve Health, Education, Internal Affairs Ministries and the security sectors among others.

He bragged that they are professionally committed to work in the supreme interest of the Government and people of Liberia.

The IAA director general stressed that referenced audit, some of which are still ongoing, have greatly helped the Government of Liberia(GoL) in saving unspecified amount of United States Dollars from ghost paddling on government’s payrolls for years, which he believes, will be redeployed to other productive sectors of the country.

He encouraged all actors involved to corporate with the exercise to enable the institution continuously execute its mandate of providing assurances that financial and operational activities of government are in compliance with the applicable laws, policies, standards and procedures.

As part of that effort, he added that the government is determined to complete the process before the start of the new budget process and it will comprise all government institutions across the country.

Read 902 times Last modified on Monday, 17 February 2020 04:27
Rate this item
(0 votes)
Login to post comments