Section 80(1) of the Public Financial Management Act, 2016 (Act 921) charges Principal Spending Officers of covered entities (public institutions) to prepare and submit their accounts and information to the Auditor-General within two months after the end of each financial year for the purposes of audits. The implication is that audits of the accounts prepared by public institutions only started in earnest in the middle of March 2020. Unfortunately, the Audit Service had to suspend all ongoing audits on 30th March 2020 in complying with the lockdown directives issued to all institutions on 28th March 2020 in line with section 169 of the Public Health Act, 2012 (Act 851).
It is also instructive to note that on 20th July 2020, the acting Auditor-General (Mr. Johnson Akuamoah Asiedu) submitted the “Report of the Auditor-General on the Consolidated Statements of the Foreign Exchange Receipts and Payments of the Bank of Ghana for the year ended 31st December 2019”. The acting Auditor-General, informed the Right Hon. Speaker of Parliament through the cover letter that reports covering other accounts would delay because of the impact of the covid-19 pandemic on the audit activities of the Service.
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