GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home News

MDAs Malfeasance: Accountant Urges Re-Orientation of Approving Officers Et Al.

February 23, 2018
in News
Share on FacebookShare on Twitter

Government may have to consider a thorough re-orientation for all public-sector accountants, treasurers and other approval officers on public financial management regulations to curb the perennial lapses recorded in the annual reports of the Auditor-General.

You Might Also Like

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

A senior partner of private Chartered Accounting firm, Beta & Associates, Mr Francis Abudu Zimmaleh who made the suggestion in Accra believe such move will enable all such spending and approving persons to be updated on various changes, transformations and current best practices in public sector financial management to avoid perceived corrupt actions reported by the Auditor-General.

Mr Zimmaleh told journalists even though several rules exist to guide the work of spending and approval officers on the utilisation of public funds, it was becoming evident that the relevant persons ought to be retrained and re-orientated.

For close to a decade, the Auditor-General’s reports on Public Sector Expenditure have raised uproar among the public who are incensed by reported cases of mismanagement and malfeasance.

The situation has prompted the current Auditor-General, Mr Daniel Domelevo who has threatened to stop salaries of state institutions who fail to respond to audit queries.

Earlier this year, Mr Dumelevo announced he had disallowed GHC 5.4 billion in overpaid contracts and recommended prosecution.

But Mr Zimmaleh, a Chartered Accountant himself for many years said there is utmost need to re-school certain key people in the Ministries Departments and Agencies (MDAs).

“The Accountants are like any other professionals. They may need refresher courses and re-orientation about the various changes to the 1992 Constitution, the Financial Administration Act, Audit Service Act and the Public Financial Management Act and get them to align to best practices of today”, Mr Zimmaleh said.

On the latest Corruption Perception Index Report by Transparency International in which Ghana scored high as one of the most corruption perceived countries, Mr Zimmaleh called for all-hands-on-deck to fight the canker.

He said while he is unamused by the latest findings which he described as damming, he was of the view that too much lip-service had been paid towards the fight against corruption by successive governments over the last two decades.

Ghana was ranked 81st out of 180 countries after dropping 11 places from 2016 in the 2017 corruption perception survey conducted by global anti-graft agency, transparency international and issued this week.

The accounting lecturer and consultant said the findings have a potential of undermining the country’s efforts at positioning it as a favourable business and investment destination.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: AccountantAccountingaccounting lecturer and consultantaccraAuditAuditingAuditor-GeneralBeta & AssociatesBusiness economicsBusiness_FinanceChartered accountantcurrent Auditor-GeneralDaniel DomelevoDumelevoeconomyfinancial accountingFinancial Reporting ActFrancis Abudu ZimmalehghanaInstitute of Cost Accountants of IndiaInvestment ManagementPublic Financial Managementpublic sector financial managementsenior partnerTransparency International

Related News

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

by ghanastar
July 28, 2023
0

The Russia-Africa summit, which took place in St. Petersburg in July 2023, was notable for the absence of two of...

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

by ghanastar
January 2, 2022
0

The Ghana Police Service has announced the arrest of two persons in connection with the death of Julie Diane Williams,...

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

by ghanastar
December 1, 2021
0

Ghana's Paliament on Wednesday erupted into chaos with minority and majority members shoving and pushing each other. The heated confrontation...

Cedi records highest depreciation against dollar in 36 weeks

Cedi records highest depreciation against dollar in 36 weeks

by ghanastar
December 1, 2021
0

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records...

Next Post

J.J Rawlings Re-Registers As NDC Member, Pays Dues Till 2020

'We Leave Everything To God'

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com