Internal auditing in the public service

- where it is and the way forward

By John Seeram

Introduction

John Seeram

The Fiscal Management and Accountability (FMAA) Act No 20 of 2003 – Section 11(b) requires heads of budget agencies to maintain effective Internal Audit Units (IAUs). Unfortunately, many agencies are yet to establish IAUs.

According to the 2015 Auditor General’s (AG) Report, there were 47 Internal Auditors in six agencies of which three—the Guyana Revenue Authority (17), the Ministry of Finance (15) and the Georgetown Public Hospital Corporation (7) comprised 39 or 83 percent. Major agencies are yet to see the establishment of IAUs, for example, the Ministries of the Presidency, Education, Public Infrastructure, Public Health, Agriculture and Public Security. It was reported by the AG that the IAU of the Ministry of Finance is centralised for various ministries, departments and regions. However this unit only comprises 15 auditors. Although the information I am presenting is …to continue reading this article, please subscribe.  Already a subscriber ? Sign In

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Most Read This Week

  1. Woman hid escapee in Canal Number One shack – residents say

  2. Guyanese teen dies in NY accident

  3. Court rules in favour of Arjoon

  4. Ample evidence of probable cause that Bisram had carpenter murdered

  5. Dynamic Airways files for bankruptcy

  6. Three Guyanese miners shot dead at Venezuela camp – Police

  7. Four High Court judges for swearing in today

  8. Escapee Cornelius Thomas held in Sophia


Recommended For You