financial accounting

MDAs Malfeasance: Accountant Urges Re-Orientation of Approving Officers Et Al.

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Government may have to consider a thorough re-orientation for all public-sector accountants, treasurers and other approval officers on public financial management regulations to curb the perennial lapses recorded in the annual reports of the Auditor-General. A senior partner of private Chartered Accounting firm, Beta & Associates, Mr Francis Abudu Zimmaleh who made the suggestion in … Read more

MDAs Cited For Spending Above Approved Budgets

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Seven ministries, departments and agencies (MDAs) could not account for almost GH¢435 million, the 2011 Auditor-General’s Report has established. The amount represented excess expenditure by the seven MDAs which was not budgeted for in the accounts of the respective MDAs. The report mentioned the seven MDAs as the Ministries of Energy, Tourism, Transport, Youth and … Read more