Internal Audit Agency

Background

The Internal Audit Agency (IAA) was established by the Internal Audit Agency Act 2003 (Act 658) with a mandate to co-ordinate, facilitate and provide quality assurance for Internal Audit Units in MDAs and MMDAs.The key requirements of the Act are the provision of internal auditing assurance and consulting services that will ultimately lead to the enhancement of efficiency, accountability and transparency in the management of resources in the public sector.

The creation of the Internal Audit Agency was predicated on the need for the Government to put in place a structure that could support the eventual transfer of budgetary authority and expenditure control to the MDAs and MMDAs.  These initiatives are part of the government’s efforts under the Public Financial Management Reform Programme (PUFMARP).The Act received Presidential assent on 31 December 2003, Administrative transition was allowed up to 31 August 2004 and effective implementation started in 2005.

The governing body of the Agency is the Board which was sworn in on August 4, 2004. It comprises a membership of nine drawn from the public sector, the private sector and the Institute of Chartered Accountants (Ghana).

The Board formulates policies and establishes appropriate structures for the effective and efficient execution of the Agency’s mandate. It ensures that the Agency operates within the overall framework of Act 658 and also facilitates collaboration with other agencies for the achievement of improved management of national resources.

The Secretariat of the Agency is headed by a Director-General, supported by 2 Deputy Director-Generals and 4 Directors.

 The functions of the Secretariat include the following:

  • Securing the execution of the policies of the Board;
  • Making regular reports to the Board on the management and operations of the Agency;
  • Providing the data, statistics and advice necessary for the formulation of policies for the attainment of the object of the Agency; and
  • Performing such other duties as the Board may direct.

 

 

 

 

Mission & Vision

Mission

The IAA exercises oversight responsibilities over internal audit practice in the public services by setting standards, providing quality assurance and supporting capacity building for good corporate governance.

Vision  

To become an organization providing Value-added internal auditing for accountable performance in MDAs and MMDAs.

  • Core Guiding Principles (Values)
  • Integrity
  • Objectivity
  • Confidentiality
  • Professionalism

 

Objectives

The objectives of the Agency are to:

  1. Facilitate the set up and functioning of internal audit units (IAUs) in all MDAs and MMDAs
  2. Set standards and procedures for the conduct of internal audit work in MDAs and MMDAs
  3. Co-ordinate and facilitate internal audit activities in MDAs and MMDAs
  4. Monitor, undertake inspections and evaluate the internal auditing of MDAs and MMDAs
  5. Provide quality assurance of internal audit work in MDAs and MMDAs

 

 

 

Management

  • Patrick Nomo -: Director-General

Patrick, an epitome of hard work and humility is an achiever by every standard. He has over 20 years experience in the Public Sector. He is a qualified accountant with over 15 years post qualification experience in financial management and institutional development. An alumnus of Cranefield University, UK, Patrick is skilled in project management, monitoring of procurement capacity development, business planning and budgeting, institutional capacity appraisal, capacity building, management information systems analysis & design and implementation of financial management systems. Since assuming office as the Director-General in 2005, he has worked tirelessly with various stakeholders to improve internal audit practice in Ghana.

He has held various positions, amongst them, Head of Final Accounts Section, Controller & Accountant-General’s Department and Financial Controller of Ministry of Health.

He is a member of the Institute of Internal Auditors and Institute of Chartered Accountants, Ghana .

 

  • Ransford Agyei-: Deputy Director-General

Ransford Agyei is an astute and very experienced auditor. He holds a Bachelor of Commerce (Hons) degree from the University of Cape coast and an MBA (Finance) from Ghana’s premier ivory tower, University of Ghana. Prior to joining the Agency, Ransford worked with the Ghana Audit Service for almost two decades. A veteran in auditing, Ransford has led teams to audit many public institutions and was once the head of the team that audited Bank of Ghana’s Foreign Operations.

He has brought his profound knowledge in auditing and investigation to bear on the work of the Internal Audit Agency.

  • Thomas Nii Ashaley Thompson-Aryee-:  Acting Deputy Director-General Finance, Administration and Support Services

Thomas N.A. Thompson-Aryee is a Chartered Accountant of repute with over twenty (20) years experience in Internal Auditing. He is the Director of Operations and a key decision maker in relation to providing quality assurance for internal audit units within the public sector. Thomas has assisted various organizations in planning and resolving audit issues. He was a Senior Collector with the Customs, Excise and Preventive Service before joining the Agency.

He is a member of the Project Management Institute (PMI) and the Institute of Internal Auditors (IIA) and has managed and supervised the execution of quite a number of Government projects.

  • Alex Amakwah-Poku-: Director of Planning, Risk Management, Information Systems, Monitoring and Evaluation (PRIME).

Alex Amankwah-Poku  is an embodiment of dedication and youthful perseverance. By dint of hard work, Alex is the Director of Planning, Research, Information Systems, Monitoring and Evaluation (PRIME). He holds a Bachelor of Science (Honors) in Computer Science and Statistics as well as an MBA (MIS option) from the University of Ghana. In addition, Alex Amankwah-Poku is also a Project Management Professional (PMP) and a Microsoft Certified Systems Engineer (MSCE).  A feat he achieved through sheer ingenuity and self study. Prior to joining the Internal Audit Agency, he worked with the Planned Parenthood Association of Ghana (PPAG) and the Securities and Exchange Commission (SEC) where he was the Head of MIS, Research and Evaluation and the Head of IT respectively.

Organogram

 

 

 

 

 

 

CONTACT INFORMATION

Phone / Fax / Email :

Main Line: (+233) 302 784088

Fax : (+233) 302 784121

Email: info@iaa.gov.gh

 

Physical Address :

No. 25 Sir Arku Korsah Road

Roman Ridge

Accra - Ghana

 

Postal Address:

PMB 31 Ministries

Accra – Ghana

Website: www.iaa.gov.gh

 

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