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IAA Service Conducts Entry Meeting to Assess Assembly's Performance.

The Internal Audit Agency (IAA) held an entry meeting on February 5, 2025, to outline the objectives of their engagement with the Assembly. The meeting aimed to assess the Assembly’s compliance with key performance parameters in relation to regular audits and financial management processes.

The session commenced with self-introductions from participants. Mr. Seth Anaglatey, the lead member of the IAA team, provided an overview of the exercises to be conducted, emphasizing their concurrent execution. Key areas of assessment include the status of implementation of audit recommendations, review of external audit reports, effectiveness of the Internal Audit Committee, and data collection concerning Public Financial Management (PFM) compliance indicators.

A crucial focus of the engagement was the evaluation of the five cycles of financial management, namely planning, budgeting, procurement, finance, and audit. These elements form the backbone of the PFM cycle and are critical in ensuring transparency and accountability within the Assembly’s operations.

In his brief remarks, Mr. Yankey, a senior representative from the Internal Audit Agency, reiterated the significance of the assessment exercise. He stressed the need for full cooperation from all Assembly officials to ensure a comprehensive and effective evaluation.

The entry meeting set the stage for a rigorous review process, with the IAA team committed to enhancing governance and financial discipline within the Assembly through their findings and recommendations.

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