GAC inaugurates 5-member public financial management c’ttee

 A five-member Audit Committee has been inaugurated for the Ghana Aids Commission (GAC) to assure adherence to community financial management polices.

The committee chaired by Professor Kwame Boasiako Omane-Antwi has Mrs Victoria M.E Hagar, Dr Grace Bediako, Mr Emmanuel K. Arthur and Mrs Lucy Brimpong Ofori-Ayeh as users are to oversee the management of economic methods of the Commission in line with money administration rules govern­ing condition institutions.

The Director-Basic of the Inside Audit Company (IAA), Dr Eric Oduro Osae, who inaugurated the committee led them to swear the oath of office environment and secrecy in accordance with the Public Finance Man­agement (PFM) Act 2016.

Addressing the committee at a small inaugural ceremony in Accra yesterday, Dr Osae claimed the Audit Committee was a statutory one which was not to take over administration of the Fee but to help in the accomplishment of its mandate.

He mentioned the committee was demanded to accomplish the required, advisory and sup­porting roles approved by the PFM Act.

Dr Osae stated that the mandatory roles of the Committee provided aiding leadership of the Commission to imple­ment tips from Inside and Exterior Audit Reviews and directives from General public Account Committee of Parliament.

He included that an equally critical man­datory function of the Committee was the preparation and submission of an yearly report of which copies should be submit­ted to the Workplace of the President, Parlia­ment, the Auditor-Typical and the IAA.

He intimated that Parlia­ment on receipt of the report, refers it to the ideal Choose Committee, saying the aim was to prevent the Auditor-Common from reporting economical irregularities in his report.

Dr Osae said the advisory job of the Committee also contain advising on the implementation of very good threat administration methods. In this vein, he tasked the Com­mittee to fine-tune the risk administration plan of the institution if there was 1 and if not, assist in the progress of one so the chance sign up could be populated.

On the supporting part, the Direc­tor-Typical asked for the Committee to as­sist the Inside Audit Device to put together and submit the 2023 Chance-Based Internal Audit (RBIA) Get the job done program which he intimated was due on January 31, 2023.

He billed associates to function in collab­oration with Administration of the Commis­sion so infractions reported by the Audi­tor-Standard had been reduced.

The Govt Oversight Minister of GAC, Dr Kwaku Afriyie urged the com­mittee to perform alongside one another to efficiently to accomplish the mandate of the Commission to achieve the epidemic management by the 12 months 2025 in advance of the terminal elimination by 2030.

The Director-Basic of GAC, Dr Kyeremeh Atuahene congratulated the committee members stating their perform was quite important to the Commission’s financial administration processes.

“As a human institution, we know that not everything can be perfectly with the organisation for the reason that the methods and the systems will have to do the job for perfec­tion to be achieved therefore, not being perfect we know some difficulties may possibly come up but they must not be troubles that border on misapplication or misuse of cash and this is where the get the job done of this committee is so important to us,” he additional.

The chairman of the committee, Prof. Omane-Antwi, on behalf of the associates expressed gratitude to the President and the minister for the honour reposed in them and pledged to contribute their quota to guarantee the commission reach its mandate.

BY VIVIAN ARTHUR AND CHARITY ASUKA

Minnie Arwood

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