Background

The establishment of the Internal Audit Agency was predicated on the need for the Government of Ghana to put in place a structure that could support the eventual transfer of budgetary authority and expenditure control to the MDAs and MMDAs.  These initiatives were part of the Government’s efforts under the Public Financial Management Reform Programme (PUFMARP).

The Government  therefore, by the Internal Audit Agency Act, 2003 (Act 658) set up  the Internal Audit Agency as an apex oversight body to co-ordinate, facilitate and provide quality assurance for internal audit activities within Ministries, Departments and Agencies (MDAs) and Metropolitan, Municipal and District Assemblies (MMDAs).

The Agency is governed by a nine-member Board drawn from the public sector, the private sector and the Institute of Chartered Accountants (Ghana).  The Board formulates policies and establishes appropriate structures for the effective and efficient execution of the Agency’s mandate. It ensures that the Agency operates within the overall framework of Act 658 and also facilitates collaboration with other agencies for the achievement of improved management of national resources.

The Secretariat of the Agency is headed by a Director-General, supported by two Deputy Director-Generals and four Directors.

The functions of the Secretariat include the following:

  • Securing the execution of the policies of the Board;
  • Making regular reports to the Board on the management and operations of the Agency;
  • Providing the data, statistics and advice necessary for the formulation of policies for the attainment of the object of the Agency; and
  • Performing such other duties as the Board may direct.
  

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