Non submission of accounts worrying – Audit Service

Mr Sule Saaka, Upper East Regional Auditor, on Wednesday said non submission of accounting reports and failure of accountants to scrutinize financial transactions of state institutions could affect the chances of those institutions to receive support from development partners.

He said poor management of financial resources had taken a bigger toll on many state institutions and urged auditors in the Ghana Education Service  (GES) to let emerging issues from the Public Accounts Committee be a wake up call on their performance.

Mr Saaka said this in a solidarity message to auditors of the GES in Bolgatanga and called the auditors to take control of their profession to save the country of its resources.

He said issues of unsupported payments, non-payments of taxes to Internal Revenue Service, non-payment of VAT and misappropriation of funds were areas that resurfaced in audit recommendations of most state institutions.

He indicated that some institutions used funds from other accounts not meant for certain expenditures and failed to return them, the use of vehicle log books are also not properly used.

He called on internal auditors to take interest to scrutinize their accounts before they submitted them for audits.

Source: GNA