Tag: Audit
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Reps query Customs over non-submission of 3 years audited financial statement
The House of Representatives Public Accounts Committee (PAC) has queried the Nigeria Customs Service (NCS) over non-submission of audited financial statements for the 2016 to 2018 financial years to the Auditor General of the Federation.
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Auditor not responsible for detecting and preventing fraud – Bolanle Onawumi
Ms. Bolanle Onawumi, a partner at one of the “Big 4” accounting firms, has clarified that auditors are not primarily responsible for detecting and preventing fraud. Onawumi while speaking as a lead facilitator at the fourth Audit Reporting Workshop of FrontFoot Media Initiative held in Lagos, said governments and private sector organisations engage independent external…
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Reps committee plans audit of petrol subsidy regime
The House of Representatives Committee on Petroleum Resources (Downstream), says it plans to conduct a comprehensive audit of the subsidy regime of the Premium Motor Spirit (PMS) in the country. Rep. Ikeagwuonu Ugochinyere, the Chairman, said this at the committee’s inauguration in Abuja on Friday.
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Osun govt begins staff audit
Gov. Ademola Adeleke of Osun has commenced staff audit across the public service with a plan to fill existing vacancies within the education, health and other sub-sectors in the state.
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Audit reports: Ogun Assembly decries financial infractions by state advertising agency
Ogun Assembly Committee on Public Account and Anti-corruption, on Thursday, decried what it called high level financial infractions committed by the State Signage and Advertising Agency between 2015 and 2020. Newsmen reports that the Chairman of the committee, Mr Musefiu Lamidi, led other members to consider the audit report of the agency for 2020 financial…
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NCAA begins audit of 8 domestic airlines over safety concerns
The Nigerian Civil Aviation Authority (NCAA) says it is carrying out economic and financial audits of the remaining eight domestic airlines in the country.
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Late T. B. Joshua’s church opens up on ‘controversial’ church accounts audit
Late T. B. Joshua’s church opens up on ‘controversial’ church accounts audit
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Adeosun suspended me because I refused to stop Oando audit – Gwarzo
Suspended Director General of Securities and Exchange Commission, SEC, Munir Gwarzo has said the Minister of Finance, Mrs. Kemi Adeosun because he (Gwarzo) refused to stop the audit of Oando. The suspended DG revealed this at an investigative hearing organised by the House Committee on Capital Market and Institutions on Tuesday at the National Assembly.…