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Labrish
Nyuuz
Ramathan Ggoobi demands an internal audit overhaul
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[QUOTE="Queen, post: 87492, member: 27"] Pension overpayments topping 31 billion shillings just exposed how badly Uganda's local government audit systems need a complete rewiring. Ggoobi sounds the alarm in Kampala [LIST] [*]Ramathan Ggoobi, Uganda's Permanent Secretary and Secretary to the Treasury, called for a full overhaul of internal audit systems. [*]Over a third of public spending flows through local governments, and that is where oversight keeps failing. [*]His warning came during a meeting with district-level audit heads at the Finance Ministry. [/LIST] Recurring problems bleeding the budget [LIST] [*]Ghost-worker risks, diverted funds, and wild procurement-price swings keep showing up in audits. [*]Pension overpayments exceeding 31 billion shillings stem from outdated records and weak verification. [*]These leakages pile onto a budget already squeezed by rising debt-servicing costs. [/LIST] Four structural gaps Ggoobi identified [LIST] [*]Auditors obsess over compliance paperwork instead of doing risk-based analysis. [*]Follow-up on audit recommendations is basically nonexistent. [*]Skills gaps are widening as government systems go digital. [*]Internal audit units lack the operational independence to do their jobs properly. [/LIST] Reform commitments on the table [LIST] [*]Ggoobi pledged to beef up the Office of the Internal Auditor General. [*]Expanded IT audit training is part of the modernization push. [*]He wants auditors mining IFMS analytics and payroll-trend data instead of shuffling paper. [*]Every wasted shilling means higher taxes, more debt, or worse services, per Ggoobi. [/LIST] [/QUOTE]
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Ramathan Ggoobi demands an internal audit overhaul
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