South Sudan signs contract to audit government accounts
October 29, 2007 (JUBA) — Southern Sudan government signed an agreement with a leading international auditing firm to examine the financial accounts of governmental institutions and to deliver constructive reports for management use.
The British firm is expected to shed light on possible corruption in the recently formed administration of Southern after a 2005 north-south peace deal.
In a statement issued on October 25, South Sudan Audit Chamber announced the formal signing of an agreement with PKF auditing firm to audit Southern Sudan Government institutions and provide development and capacity building support to the audit chamber.
The contract is initiated by the Ministry of Finance and Economic Planning the South Sudan Audit chamber and the PKF. While the World Bank and GOSS are co-funding the project.
PKF is a leading international business advisory organisation. With a global network that reaches into over 119 countries, serviced by over 380 firms.
PKF will work closely with the SSAC to prepare joint audit programs and undertake joint audits of various government agencies accounts, said the statement.
The PKF team will also contribute to institutional development and strengthening of the South Sudan Audit Chamber.
PKF will assist the Chamber to develop a strategic plan for training of Sudanese Nationals to ensure the sustainability of its functions into the future. Also it will recommend and advise GOSS institutions in the proper use of GOSS funds and Resources.
Activities including recruitment of staff, developing remuneration and retention of policies, designing and delivering training and capacity building initiatives.
The audit of GoSS institutions is expected to start by the end of 2007.
The audit will investigate how $500 million of reserve money was spent without parliamentary approval in 2006, south Sudan’s Auditor General Barnabas Majok said recently.
(ST)
Majur Ador
South Sudan sign contract to audit government accounts
Brilliant decision by SSAC to have external audit of the governement expenditures done by PKF. This is a signal to silence those who have been singing the song of corruption.
I hope from this audit we will know that there was/were corruption or not, and even if there could have been some corruption of any thought it will be difficult to judge properly because there was/were no guiding principles which were laid by GOSS to control the nature of transactions.
This audit should start with the SSAC and then the other departments later.
Majur
Mou Magok
South Sudan sign contract to audit government accounts
CORRUPTION WILL CEASE
It is so great the auditing team will find out the expect people who have wasted our resources, bravo. Yes today I am happy and I have appreciated the GOSS of Signing contract with a leading international auditing to know the status of its Accounts.
There are some people who assume themselves as finance officers and they don’t know the accounting procedures and policies and at the same time they haven’t underwent for a course of accounts and economics such as cost accounting, financial accounting and management accounting etc. these very people will face severely punishment when the Auditors’ report comes out by the end of 2007.
Thank,
Yirol boy
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