Monrovia, May 12 -- Auditor General P. Garswa Jackson has outlined punitive measures being taken by the General Auditing Commission (GAC) and the Ministry of Finance and Development Planning against heads and comptrollers of various government ministries and agencies for delaying the submission of their financial statements for the conduct of audits.
By Obediah Johnson, obediah.johnson@frontpageafricaonline.com
According to him, the Public Financial Management law of Liberia mandates every government ministry and agency to prepare and submit financial statements to the offices of the Auditor General and Comptroller General two months after the end of every fiscal year.
Jackson said this measure, which is intended to promote accountabil...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.