The Accountant-General of the Federation (AGF), Mr.
Speaking during a virtual training of MDAs' internal auditors on the modernisation of audit process, yesterday, Idris said there was a clear evidence of flouting the provisions of the Fiscal Responsibility Act by some MDAs through late submission of audit reports, stressing that some don't submit at all.
He said: "Permit me to also use this opportunity to reiterate the need for auditors to put in their reports promptly as and when due as specified by FR 1706 which states thus: 'The Internal Auditor shall produce monthly, quarterly and half-yearly reports for the Accounting Officer on the progress of the audit with copies to the Accountant-General of the Federation and Auditor-General for the Federation' respectively.
"Regrettably, it has been observed that most MDAs are behind in their reports while others have willfully refused to render these reports which are clear violation of the provision of the Financial Regulations."
"Consequently, may I inform you that refusal to forward these reports by any MDA forthwith would be regarded as an attempt to undermine the authority of the
The
For this purpose, he disclosed that 20 laptops and 20 desktops computers had been acquired.
The
The IDEA software is a computer based file interrogation tool that can be used by numerous individuals and organisations including auditors, accountants, investigators and IT staff.
It analyses data in multiple ways and allows for extraction, sampling and manipulation of data in order to identify errors, problems, specific issues and trends.
Idris said: "Audit Modernization is a key component of the
"It is upgrading the level of audit from current practices to a level where audits are conducted in line with international best practices, using modern approach and information and communication technologies."
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