IPSAS

The Federal Government is mulling new measures that will strengthen the independence of auditors, including sanctioning of heads of Ministries, Departments and Agencies over their non-response to audit queries. Vice President…

Mr Ibrahim Mijinyawa, the Director Payee, Sokoto State Internal Revenue Service, said about N41 billion has been collected as Internally Generated Revenue (IGR) from 2017 to 2019 in the state. Mijinyawa disclosed this at the…

The Sokoto State House of Assembly on Tuesday passed the state’s 2020 Appropriation Bill of N202.4 billion. This followed the adoption of the report of the House Committee on Finance and Appropriation at plenary. Presenting the…

BARBARA BAKO, Abuja. The Public Accounts Committee (PAC) of the National Assembly on Tuesday said that findings from the 2016 audit report showed that laid down procedures for government spending had been breached by some…

The Public Accounts Committee (PAC) has directed Ministries, Departments and Agencies (MDAs) yet to submit their audited accounts to the Office of the Auditor-General of the Federation, to do so within the next two weeks. The…

Mr Anthony Ayine, the Auditor-General of the Federation (AuGF), says his office will enforce compliance with the International Public Sector Accounting Standards (IPSAS). According to Ayine, IPSAS is a requirement for accounting by…