Home News IPSAS 2017 Holds Training for Comptrollers, Accountants in Margibi

IPSAS 2017 Holds Training for Comptrollers, Accountants in Margibi

by porkpad3

The International Public Sector Accounting Standards 2017 phase-two training for government comptrollers and accountants have come to end in Kakata, Margibi County.

The Ministry of Finance and Development Planning through the department of the comptroller and accountant general organized the three-day event, which took place from September -10, 2022.

It was held under the theme: “Ensuring Compliance in Reporting”, and with support from the African Development Bank IPMRP project.

The training was part of ongoing efforts to improve efficiency among Comptrollers and Accountants for sound financial reporting through 2017 International Public Sector Accounting Standards across government ministries and agencies.

Making remarks at the closing session, the Deputy Comptrollers and Accountant General-physical Audit, Atty. Steve Joe-Joe who proxied for Hon. Janga said that building the capacity of comptrollers and accountants across spending entities will ensure that financial reports are delivered on time.

The Public Financial Management Law required all spending entities to submit their reports to the comptrollers and accountant general department office for consolidation before final submission to the General Auditing commission.

For his part, the Director for Accounting Treasury/Technical Services, Dee D. Sandman said building capacity every quarter is about bringing efficiency, effectiveness and timeliness in terms of “how we report, and what we receive for reporting purposes”.

According to Sandman, at the end of government budget execution, disbursement reports are key for financial reporting, adding that reporting on time by comptrollers is good.

“At the end of budget execution, disbursement and report are key for financial reporting and if all comptroller’s report on time, it is good”, he added.

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