IAA To Release Public-Sector Compliance Scorecard Soon
The Government of Liberia (GOL), through the Internal Audit Agency (IAA), on Wednesday, July 12, 2023 commenced a two-day stakeholders dialogue at the Ellen Johnson Sirleaf Ministerial Complex in Congo Town to release public-sector compliance scorecard for government line ministries, agencies, commissions and state-owned enterprises.
The dialogue is also stimulating conversations aimed at creating further awareness of IAA roles and services, while it is also helping to underscore the importance of developing smooth and open relationships between the auditing institution and other actors in the public sector.
At the same time, the IAA Director General, David Kemah, said the scorecard is a new tool of the Internal Audit Agency that will contribute to efforts in improving compliance mitigating risk and minimizing waste and fraud in the public sector.
According to him, “The IAA believes that different approaches can advance the way we can achieve compliance in the public sector.”
Kemah urged government line ministries, agencies commissions and state-owned enterprises to embrace the national compliance scorecard as a collaborating tool to help achieve their institutions’ objective.
He said, “As leaders in public-sector institutions, everyday we are faced with increasing demands and expectations from the public to deliver services and to change people’s lives. This is the IAA’s own way of contributing to government institutions in identifying effective and efficient means to maximize the use of public resources needed for meeting said demands.”
Director General Kemah clarified that the scorecard is not intended to name and shame any institution but to help promote efficiency and consolidate efforts to mitigate malpractices by righting the wrongs in the system.
He used the occasion to present institutions with their scorecard as developed by the IAA.
The Internal Audit Agency (IAA) is an autonomous public-sector audit institution enacted into law by the National Legislature in September 2013 to replace the former Internal Audit Secretariat (IAS).
The IAA has responsibility to establish, or where there are existing internal audit functions, take control and direct internal audit functions in all public-sector entities in Liberia.