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5,000 Public accountants to undergo training

Graphic Online BY: Emmanuel Bonney 30.5k Shares 705 Five thousand public accounting officers in the country are to be trained in International Public Sector Accounting Standards (IPSAS) accredited certification. The e-learning training programme, which begins today and ends in December this year, aims at sharpening the skills of the accounting officers to ensure efficiency in the public sector financial management system. The acting Controller and Accountant-General, Mr Kwasi Kwaning-Bosompem, who launched the programme in Accra yesterday, said: “IPSAS is presently the focal point of global revolution in government accounting in response to calls for greater financial transparency and accountability.” He said to further ensure transparency, public accountability and quality financial reporting, the government had implemented various public financial management reforms (PFMs) grounded in the strategy developed to serve as a national document to aid the development of Ghan

Ministry splashes Sh247m on airtime, fares, allowances

Ministry splashes Sh247m on airtime, fares, allowances Monday January 04 2021 By EDWIN MUTAI Summary The State Department for Mining splashed Sh247 million on purchase of air tickets, airtime and payment of allowances from funds allocated for developments, Auditor-General reveals. Auditor-General Nancy Gathungu says the department spent Sh247,054,005 in the year to June 2019 that was meant for projects like construction and refurbishment of buildings, purchase of vehicles and office equipment. The State Department for Mining splashed Sh247 million on purchase of air tickets, airtime and payment of allowances from funds allocated for developments, Auditor-General reveals. Auditor-General Nancy Gathungu says the department spent Sh247,054,005 in the year to June 2019 that was meant for projects like construction and refurbishment of buildings, purchase of vehicles and office equipment.

Govt issues guidelines for govt Securities Market Primary Dealers, Bond Market Specialists

The Government of Ghana has issued guidelines for Gov’t Securities Market Primary Dealers, Bond Market Specialists The purpose of these Guidelines, according to the Ministry of Finance, is to guide the purchase of Government securities in the domestic market to the provisions in the Public Financial Management Act, 2016 (Act 921), hereinafter referred to as ‘the Act’, and the Public Financial Management Regulations, 2019 (L.I. 2378) hereinafter referred to as ‘the Regulations’. These guidelines shall apply to Primary Dealers and the newly formed Bond Market Specialists. These guidelines are not intended to be all-encompassing and it shall be used with reference to other Directives issued by the Ministry of Finance, hereinafter referred to as ‘MOF’ and the Bank of Ghana hereinafter referred to as ‘BOG’.

Accountant General s 2019 Audit report indicts SLPP Government of shocking, grand scale corruption and embezzlement of country s funds – Cocorioko

The Accountant General ‘s Office has released the 2019 Audit Report and it is a stunning catalogue of grand scale corruption and embezzlement of government’s resources by the President Maada Bio’s Sierra Leone People’s Party ( SLPP ) Government. The report is so damning with regards to the scale of corruption , graft, financial malfeasance and reckless misuse of the country’s funds that stunned Sierra Leoneans have taken to social media to condemn President Bio and his government for high level hypocrisy and deceit. The President had promised, while campaigning for power in 2018 , to plug all the holes and leakages of financial management.

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