Business News of Sunday, 19 July 2020
Source: GNA
2020-07-19
Some participants at the workshop
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Mr Nathan Yankey, Acting Director of Operations, Internal Audit Agency (IAA) says the increasing number of syndicated fraud and cybercrime cases underscores the importance of internal audit in Public Financial Management (PFM).
He said internal audit units acknowledged the challenge and were repositioning themselves to strengthen mitigating mechanisms and controls to limit the use of technology to steal resources meant for development.
Mr Yankey disclosed these at the end of a five-day workshop internal auditing practice to improve the skills of management secretariat of Livelihood Empowerment Against Poverty (LEAP) programme, staff of the Ministry of Gender, Children and Social Protection (MoGCSP) and officials of the Department of Social Welfare.
“We face terrible problems from these technology-related cyber miscreants but we believe sharpening the skills of internal audit players would strengthen the base to plug out those loopholes,” Mr Yankey said.
Mr Myles Ongoh, the Assistant Director, LEAP Programme, said the lukewarm attitude and…
