Mahama calls for stronger internal audit systems to reduce misuse of public funds

Mahama Pushes Tougher Procurement, Audit Reforms to Curb Public Sector Leakages

President John Dramani Mahama has outlined a new wave of public financial management reforms aimed at sealing systemic leakages in Ghana’s procurement and audit systems, warning that without stricter controls, African economies will continue to lose millions to inflated contracts and weak oversight. Speaking at the Annual Conference of the African Association of Accountants General in Accra, the President said procurement reform, value-for-money…

Mahama Urges Africa to Strengthen Financial Management Systems

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/mahama-urges-africa-to-strengthen-financial-management-systems/President John Dramani Mahama has urged African nations to strengthen public financial management (PFM) systems and embrace technology driven accountability to sustain economic growth, citing Ghana’s recent debt crisis as a cautionary example. Speaking at the third African Association of A…

Time for bold action – Mahama links ghost salary cases to centralised payroll system

President John Dramani Mahama says persistent payroll irregularities underline the need for urgent decentralisation within Ghana’s public financial management system. Speaking at the Annual Conference of the African Association of Accountants General in Accra, he criticised the current arrangement in which the Accountant-General manages payroll for workers nationwide, including frontline staff in remote communities. He cited delays in reporting …

Mahama calls for stronger internal audit systems to reduce misuse of public funds

President John Mahama has called for a stronger and more effective internal audit system across public institutions. He made the call at the opening of the Annual Conference of the African Association of Accountants General. He explained that Ghana has two key audit bodies: the Internal Audit Agency and the Auditor General’s Department. According to him, the Auditor General steps in at the end of every year to audit state institutions and often …