The Bui Power Authority (BPA) has inaugurated a six-member internal audit committee for 2023 in line with section 86(1) of the Public Financial Management Act 2016(Act 921).
The committee is chaired by Dr. Mrs. Rebecca Atswei Lomo.
The rest are Mr. Steven Perdison, Emmanuel Quarshie, Dr. Mrs. Rebecca Acquaah-Arhin, Mr. Paul Twum-Barimah and Ms. Beatrice Dadson.
The Chief Executive Officer of BPA, Samuel Kofi Dzamesi, who chaired the swearing ceremony, in a welcome speech, reiterated the importance of the Internal Audit Unit and how impactful it has been in the efficient operation of the Authority.
While congratulating the members, Mr. Samuel Kofi Dzamesi stressed the need for the sharing of information as it is the hallmark of any successful team.
He also reassured the team of his unrelenting support.
The Deputy Director of the Internal Audit Agency (IAA), Mr. Senanu Mensah, who conducted the swearing-in on behalf of Dr. E.O Osae, the Internal Audit Agency Director-General, emphasised that the Audit Committee is paramount in public accountability and management of public resources.
He mentioned that the Audit Committee’s role is in three parts namely Mandatory, Advisory/Consulting and Support to BPA’S Internal Audit Committee.
He further explained that the mandatory function is to ensure that all necessary Audit Reports are endorsed and submitted as stipulated by the Agency.
As an advisory, the Audit Committee would focus on areas such as Financial Management, Internal Control, Government Processes, Regulation Laws, Policies and Risk Management.
The Committee is also to support the Internal Audit Unit of the Authority to ensure that it delivers on its mandate.
He ended by stating that, although the Agency operates as a stand-alone, it expects a seamless synergy between the Audit Committee and BPA, as it would ensure that the mandate is carried out efficiently.
Source: https://energynewsafrica.com
