Ghana: CDD and IAA sign a memorandum of understanding to establish the “district accountability index”
The Ghana Center for Democratic Development (CDD-Ghana) has signed a Memorandum of Understanding (MoU) with the Internal Audit Agency (IAA) to institute a public financial accountability index called: “The District Accountability Index (DAI )”.
The DAI project is a Public Financial Accountability Performance Index that will present information on financial irregularities of District Assemblies in a way that citizens can understand, which will go a long way in creating interest and demand among citizens. accountability on the part of their local officials.
According to a CDD press release issued in Accra and copied to the Ghanaian Times in Accra yesterday, the index, which will depend on irregularities highlighted in Auditor General’s reports and other equally important administrative data, will measure the performance of 260 districts in relation to financial management.
As a result of the project, it is expected that there will be improved transparency, accountability, stakeholder participation and value for money in the use of public funds, leading to better responsibility for public resources.
In addition, the DAI project will have a positive impact on the capitalization of social and human resources for good financial and economic governance towards sustainable development.
He said the IAA, established by the Internal Audit Agency Act 2003 (Act 658), exercises oversight over internal audit practices in the public service by setting standards, providing assurance quality and supporting capacity building for good corporate governance.
According to its 2020 progress report, of the expected 260 Metropolitan, Municipal and District Assemblies (MMDA) audit committees, 249 had been established, and 11 committees had yet to be constituted.
The number of charters signed was 239 out of the 260 MMDAs expected.
The statement noted that 252 audit work plans have been submitted out of the 260 expected with eight outstanding.
“The delay or non-submission of reports indicates non-compliance, a phenomenon that poses a risk to sound control systems and effective management of public finances,” he said.
Therefore, CDD-Ghana, a civic institution which has an obligation and subscribes to the constitutional mandate to ensure effective use of public funds for better social accountability and promotion of national development with the IAA, have agreed to stand support each other to achieve the joint mandate. .
Dr. Eric Oduro Osae, Director General of the IAA, underlined the Agency’s willingness to meet all deliverables of the MoU.
“This MoU is very important because when you have a DAI that releases a list that there are accountable weaknesses in various state agencies, we can focus on those institutions and strengthen them.
Thanks to this, we can use the preventive approach to reduce corruption, or even prevent it from happening. »
For his part, Prof. Kwasi Prempeh, Executive Director of CDD-Ghana, hoped that the DAI would go a long way in assisting the IAA and other policy and decision makers in ensuring accountability in Ghana’s public financial management system.
The DAI is funded by the Governance for Inclusive Development program of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.