The Audit Committee of Ghana Tertiary Education Commission (GTEC) has been inaugurated.
The Director-General of Internal Audit Agency (IAA), Dr. Eric Oduro Osae who installed the team charged them to support GTEC to pursue the implementation of recommendations of internal and external audit reports as well as any directives from Parliament’s Public Accounts Committee (PAC).
The IAA D-G urged members to develop good working relations with Audit Committees of the public universities, build good governance and effective control systems.
Dr. Oduro Osae further implored the Committee to guide GTEC to develop appropriate risk management framework and support the internal audit function to deliver risk based audit work plans and annual reports.
The Director-General of GTEC, Prof. Mohammed Salifu, in his remarks gave an overview of the evolution of GTEC and provided assurances of his willingness, commitment and support to the committee to help the Ghana Tertiary Education Commission to achieve its mandate.
Members of the Audit Committee are Prof. Kwame Adom Frimpong (Chairman and IAA Board member), Patience Mawushie Dzikunoo (IAA), Edward Langmantey (ICAG), Dr. Margaret Atuahene and Stella Otema Badu (members of GTEC Board)
The establishment of Audit Committees is a statutory requirement enshrined in the Public Financial Management Act, 2016 (Act 921).
Latest Stories
-
Sports facilities are better managed by institutions – UG Sports Director on maintenance of Legon stadium
13 mins -
Ghanaian businesses must align vision with strategy to mitigate ESG Risks – KPMG
23 mins -
MTN achieves 30% localisation of Scancom PLC
24 mins -
Attorney-General: Some lawyers sacrifice ethics for ‘cheap’ political gains
35 mins -
Bond market: Volume up by 12.45% to GH¢746m
36 mins -
Cedi records year-to-date loss of nearly 29%; one dollar going for GH¢17.10
44 mins -
‘Our priorities are wrong in Ghana’ – UG Sports Director on sports development
45 mins -
The Fourth Estate’s investigative report wins 2nd place at 2024 AIJC
1 hour -
GPL: Our fans spur us on – GoldStars head coach Frimpong Manso on unbeaten run
2 hours -
Plantain chips are breaking hearts in Africa
2 hours -
61 new architects acquire state license to practice in Ghana
2 hours -
Masloc CEO honoured as capacity building Shero of the Year
2 hours -
MPs’ Repeated Attempts to Sue the Speaker: Unintended Consequences for the 2024 Elections?
2 hours -
Today’s front pages: Tuesday, November 5, 2024
3 hours -
Galamsey: Investigation into attack on Joy News’ Erastus Asare and colleagues already growing cold
3 hours