Audit Reporting Workshop News Today

Only three of Nigeria’s 36 states and the Federal Capital Territory (FCT) scored ‘excellent’ in ICAN’s rating on states’ compliance with audit rules as of October 2023.

Only three of Nigeria’s 36 states and the FCT scored an “Excellent” in the Institute of Chartered Accountants of Nigeria rating system for states’ compliance with audit rules as of October 2023. It is the ICAN Accountability Index. Seven states scored good, while 26 states fetched only a “Fair” rating. The 1999 Nigerian Constitution mandates

ICAN Accountability Index: 21 States receive clean bill of audit compliance. The latest rating: "The ICAN Accountability Index" is as of Octo

Former president of Institute of Chartered Accountants of Nigeria (ICAN), Ismaila Muhammadu Zakari, has revealed that the Federal Government made a number of unapproved payments in 2019, totaling over N200 billion.

The CEO of CFG Advisory, Mr Tilewa Adebayo has revealed that the Federal Government disbursed more than N200 billion in unapproved payments in 2019.

The state's audit report has revealed that the Bauchi State government owed its retirees gratuities of N20.7b by end-2020. Details of the outstanding of ₦22,746,369,126.87 appear on Page 27 (section 3.26) of the 2020 auditor general’s report released in 2021. The debt is one of the critical challenges of the Bauchi State government against the

Bauchi owed retirees N22.7b as at end of 2020, audit report reveals. The state's audit report has revealed that the Bauchi State Government