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Poor Audits Causing Governance Problem — Buhari - Politics - Nairaland

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Poor Audits Causing Governance Problem — Buhari by agwom(m): 6:41am On Jan 29, 2020
President Muhammadu Buhari says underperformance by auditors or ineffective audits contribute largely to governance problem, imploring auditors not to be part of the problem, but the arrow to the solution. Buhari, while declaring open the second edition of the Conference of Auditors-General in Nigeria yesterday, urged auditors to embrace good governance, accountability and transparency.

“Through your audit findings and recommendations, corrupt practices would be discovered early and loopholes blocked before they are exploited.

“Furthermore, you’ve the full range of audit tools at your disposal including financial compliance, performance and Information Technology audits. ‘‘There is literally no aspect of government performance or expenditure you cannot examine. What may be missing is the will to properly deploy the powers that you have.”

Buhari said the 2016 and 2017 annual reports of the Auditor-General of the Federation reflected the reality of corruption, mismanagement and misappropriation facing the nation. He urged the Auditor-General of the Federation to keep all ministries, departments and agencies on their toes through timely and high-quality audits by external auditors.

He asked: “Has any annual financial statement produced by any of the states received anything other than a clean audit opinion as far back as you can remember? “You’ll admit this is strange in view of the significant cases of misappropriation uncovered, the huge balances recovered and the sentences being served by convicted officials including past state governors. “One can either assume the audits are not thoroughly done, the auditors have been compromised, or the auditors are constrained in some way or other.”

Read more: https://www.dailytrust.com.ng/poor-audits-causing-governance-problem-buhari.html
Re: Poor Audits Causing Governance Problem — Buhari by DaBullIT(m): 10:25am On Jan 29, 2020
Poor audit is still corruption
Re: Poor Audits Causing Governance Problem — Buhari by Racoon(m): 10:56am On Jan 29, 2020
Silly blame game as usual.Was it not the same office of the auditor general of the federation that discovered that many MDAs including the state house where you reside does not show transparency in governance as widespread corruption continued to thrived unabated?
Re: Poor Audits Causing Governance Problem — Buhari by Staro: 10:59am On Jan 29, 2020
.
A bad workman quarrels with his tools.
Nigeria's governance problem is her current leader (not audit).

Useless brainless people in Aso Rock


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