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The Ghana Audit Service is an independent government agency in Ghana that is responsible for carrying out the audits on the accounts of the Government, Regions as well as the activities of the Ministries, Departments, Agencies and Companies under the Government of Ghana. [1] Both the Office of the Auditor-General of Ghana and the Ghana Audit ...
Auditor-General of Ghana. The auditor-general of Ghana is the head of the Ghana Audit Service, a legislative branch agency re-established by the government of Ghana in 1992 through the 1992 Constitution of Ghana. [1] It was established as part of the Audit Service through Article 188 of the 1992 Constitution of Ghana as part of the Public ...
In 2016, he was appointed by President John Mahama to serve as Auditor-General of Ghana. [2] [3] In his role as Auditor-General of the country, he also served as keynote speaker for public lectures on auditing, corruption and issues relating to management of finances [7] [8] [9] On 20 September 2018, he was the keynote speaker at the 3rd Kwadwo Baah-Wiredu Memorial Lecture.
Richard Quartei Quartey is a Ghanaian accountant who served as the Auditor-General of Ghana from 2009 to 2016 and vice-chair of the UN's Independent Audit Advisory Committee in 2020. [1][2][3] A product of the University of Ghana Business School, Quartey was appointed by John Evans Atta Mills in 2010 as the Auditor-General, [4] serving until he ...
The Ministry of Finance and Economic Planning is the government ministry responsible for the economic and monetary health of Ghana. The Ministry is involved with economic planning, fiscal policy, national accounting, the national budget, and creating an environment for investment and growth. [1] The main offices of the Ministry are located in ...
e. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. [1]
The Institute of Chartered Accountants (Ghana) was established by an Act of Parliament, Act 170, in 1963.Act 170 was repealed in 2020 after the President of the Republic of Ghana assented to a new Act, Institute of Chartered Accountants, Ghana Act, 2020, Act 1058. Members of the organisation are the only persons recognized under the Companies ...
A financial audit is conducted to provide an opinion whether "financial statements" (the information is verified to the extent of reasonable assurance granted) are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared ...