Audit Modernisation: OAGF Organises Retreat for Internal Auditors in Public Sectors
In bid to modernise the audit system in public sectors , the Office of the Accountant General of the Federation (OAGF) in collaboration with Ministry of Finance organised a 5-Day retreat for Internal Auditors .
In his speech during the opening ceremony of the retreat held at Asaa Pyramid Hotel ,Kaduna ,the Accountant General of the Federation, Mal.Ahmed Idris said ,” Over the years, the Office of the Accountant-General of the Federation (OAGF)has been driving a major transformation project-MODENISATION OF INTERNAL AUDIT, a World Bank intervention programme under the umbrella of the Economic Reforms and Governance Projects (ERGP).
According to him , the theme: Internal Audit in ICT Environment and the various topics, cutting across current issues around Public Financial Management (PFM) Reforms were carefully selected; taking into account global trends and best practices.
He however said , ” In a bid to conform with modern trends vis-à-vis the ongoing PFM Reforms, we provided a number of IT tools to enhance the operations of the Audit Monitoring Department of the OAGF An audit data capturing Centre has been established with 2 view to securing an interface with the IPPIS and GIFMIS platforms through which transactions can be viewed online/real time.
While disclosing that assorted appropriate hardware and software and their requisite licenses have been acquired, the Accountant General of the Federation said, “Participants will be taken through the functionality of these softwares during this retreat for appreciation of the advantages of acquiring these tools in order to enhance competence and efficiency in carrying out internal auditing functions.
” I should emphasize that at a time like this; Internal Auditors be computer/IT literate and must be vastly knowledgeable in public financial reforms and processes.”
He equally said from the programme of the retreat with papers focusing on the functions and operations of the various Treasury departments in the OAGF involved in the Public Financial Reforms Projects will be presented, participants are expected to embrace the new knowledge and secure it in their audit tool-box for retrieval and application.
“Blessed are those who have the knowledge and competence of the two! must I urge you all to participate fully, interact, ask questions and ensure that your take-aways will aptly answer important VALUE-FOR-MONEY question.” He added .
Meanwhile ,he emphasized that as governance expands in responsibilities, funding and expenditure also increase with corresponding increase in risks and other challenges.
He however urged the Internal Auditors must match the imperatives, remain resolute and reliable in controlling risks, and always strive diligently to deploy new knowledge and tools to safeguard public assets and trust.
He pointed out ,” Internal Audit REPORTS must be factual, accurate, timely, and of high quality and must pass integrity tests.
Speaking on the importance of report writing skills and prompt rendition of statutory and other audit reports in line with an adopted template will be presented during this retreat,he tasked the participants ants to consider the paper as an important aspect of the retreat and seek to fully understand the new requirements and pass the knowledge across and down the line for seamless and consistent compliance.
” I urge you to create space to consider and discuss the following issues if they are not already provided in the programme (i) Audit of Access Control with regard to Users on our computer platforms (ii) Audit of System Back-ups (ii) Internal Audit controls as enablers for Government anti-corruption drive in the management of public resources (iv) Audit of System-based Reconciliation(v) How Internal Audit mechanisms can enhance efficiency in Government MDAS, and (vi) regeneration/retrieval.”he stated .
On importance of the retreat , Mal Idria reiterated ,”Internal audit function is important in the organizational and operational mix of any entity, Hence, when the proposal to hold this retreat was contemplated, I immediately gave my support and consent and also, gave the idea the necessary push it deserved to ensure its actualization. ”
He thanked the Minister of Finance, Budget and National Planning for her consistent support .Adding that her passion for staff training and development has always been demonstrated by never failing to approve our requests for consent and sufficient funding for various trainings, seminars, courses, workshops and retreats.