• Tue. Nov 29th, 2022

The Forestry Commission has a new audit committee

ByChad J. Johnson

Nov 14, 2022

Dr Eric Oduro Osae (2nd from left), Director General of the Internal Audit Agency with members of the Forest Audit Committee

A five-member audit committee for the Forestry Commission was sworn in with a call for members to adhere to effective audit services.

The committee is a statutory body established under the Public Financial Management Act of Ghana and will serve a term of four years.

The committee is mandated to serve as an advisory service to the public institution to ensure that it implements the recommendations of internal audit reports, external audit reports, reports on the public accounts of parliament and any other follow-up report.

The committee is chaired by Paul Kwasi Agyemang, with George Wireko Brobbey, Professor Kingsley Oppong, Isaac Agyin Bonney and Senanu Mensah as members.

Inauguration

The Director General of the Internal Audit Agency (IAA), Dr. Eric Oduro Osae, who swore the members, administered the oaths of secrecy and office.

Subsequently, the outgoing committee submitted the essential documents to the new audit committee.

In a brief remark, Dr. Osae emphasized that the committee needed to put management on their toes to ensure that all recommendations made by the committee were implemented.

He stressed that the committee was not supposed to take over the management of the organization but to act as a support system.

He advised all public institutions to pay particular attention to audit committees, as committees were coming in with new expertise that would help management fulfill its mandate.


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Dr. Osae noted that “in most cases, if management listened to internal auditors and audit committees, external auditors would have nothing to write about”, as their work was primarily done to protect public funds and strengthen control systems.

Support

The Chairman of the Committee stated that the Committee was entitled to ensure that the controls recommended and put in place by the internal auditors were intended to protect the activities of the organization.

Mr Agyeman said members would also collectively support internal audit to do its job in helping management implement any recommendations as they arise as he appealed for support from the internal audit. organization to do a smooth job.

“The committee is here primarily to help management execute its mandate and we are ready for that, and look forward to the cooperation needed to execute our mandate,” he said.