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Experts unfold new strategy to check corruption

By Oluwaseun Akingboye, Akure   |   19 October 2016   |   1:32 am

Worried about the rising cases of corruption in the country, experts in the public and private sectors have proffered the introduction of “Value for Money Audit and Risk-Based Audit” for workers in the financial sector to check the menace.

They said this would not only increase the capacity of public servants but also act as a mechanism to guide the government on the judicious use of the nation’s resources.

This was disclosed during the training for 35 staff members of Office of Ondo State Auditor-General (OSAUG) under the title: “Value for Money Audit and Risk-based Auditing in Public Sector,” in Akure, the state capital.

The programme was supported by the Ondo State Public Sector Governance Reform and Development Project (World Bank-Assisted) and anchored by JK Consulting Company Limited, which earlier trained the state workers on International Public Sector Accounting Standards (IPSAS) and Accruals.

The state Auditor General, Sunday Adegoke, who affirmed that there had been considerable improvement in the performance of the state workforce in the sector, acknowledged the impact of previous trainings by the consulting firm.

Adegoke stated that the training would adequately complement the IPSAS-based skills and accrual capacities of the workers for efficiency, effectiveness and economy, which are the “3Es” in relation to the dynamism of the sector and environment.

The state Auditor General for Local Councils, Mr. Adaramola Olusola, said the frequent training sessions organised in the sector would assist better performance of the workers.

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