Tag (SQ): Public Sector Audit

Search 500 + past questions and counting.
Sort & Filter

Search

Filter by Professional Bodies

Filter by Subject

Filter by Topics

Filter by Levels

Evaluating school KPIs, debating Auditor General report timing, and discussing transparency principles for Supreme Audit Institutions.

a) Ghana Education Service (GES), as part of its mandate, monitors the performance of schools through supervision, collection of data and evaluation of key indicators like learning outcomes, extracurricular activities and absenteeism. The performance of all schools is subject to annual audits, conducted by auditors, which examine schools in terms of a range of metrics determined by GES.

Okoro Primary School is located in Tema Junction, a suburb of Obuasi, which is the capital of Weija-Amanfro District. It is a former industrial zone, which now suffers from high levels of unemployment and crime. Many of its residents are among the poorest 20% of Weija-Amanfro’s population, whose children qualify to receive free school meals from the government.

Attendance levels at Okoro Primary School are poor, and the school has received reports from concerned citizens of school children wearing unkempt uniforms and being in the city centre at times when they should have been at school.

Okoro Primary School is required to report on key performance indicators (KPIs) in areas spanning the breadth of its activities. On the basis of these indicators, GES has recently assessed Okoro Primary School’s performance to be poor.

Okoro Primary School’s KPIs included the following:

Area measured KPI
Academic performance % of pupils in Primary 6 achieving grade “A” in June exams
School attendance Average % of pupils absent from registration at 8:30 am
Participation in sport Number of trophies won by school’s sports teams
Uniform % of pupils whose school uniforms are in line with regulations

Required:
Using the information available:
i) Critically assess each KPI on Okoro Primary School, suggesting possible ways of improving upon any inadequacies you may find.
ii) Recommend alternative KPIs to measure performance in each area.

iii) State audit procedures to provide assurance on the accuracy of each alternative KPIs which you have recommended. (2 marks)

b) Publication of Auditor General’s reports in the media after lodgement with parliament before consideration by the Public Accounts Committee has always generated controversy. Some critics are of the view that the Public Accounts Committee should finish it probes before publication of the report by the Auditor General, as that will allow for mistakes in the report to be corrected.

Required:
Critically examine the above statement.

c) Supreme Audit Institutions (SAIs) are supposed to play a vital role in oversight by promoting transparency, verifying government accounts accuracy and reliability, evaluating spending compliance, assessing such spending’s efficiency and effectiveness, and supporting the fight against corruption.

Required:
According to **_INTOSAI-P 20: Principles of Transparency and Accountability, discuss FOUR principles of transparency and accountability expected of SAIs.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "AAA – L3 – Q4 – Public Sector Audit and KPIs"

Identify non-party in public sector audit.

Which of the following is NOT a party in a public sector audit?

 The Auditor-General

 The responsible party

C   The intended user

D   INTOSAI

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "AA – L2 – SA – Q2.7 – Public Sector Audit Parties"

Explain the role and powers of the Auditor-General in Nigeria per the Constitution.

The Office of the Auditor-General was established by the 1999 Constitution of Nigeria.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "AAA – L3 – Q71 – Public sector audit"

Comment on the appointment and reporting lines of Ms Ama Asantewaa as Internal Auditor at Asante Akyem District Assembly.

The Asante Akyem District Assembly has appointed Ms Ama Asantewaa as the Internal Auditor. She was appointed by the District Chief Executive (DCE) after he attended a seminar at KIMPA for newly appointed DCEs where the importance of pre-auditing of all payments by Internal Auditors for expenditures incurred by all Government Ministries, Departments Municipal, and District Assemblies (MMDAs) was stressed.
Ms Asantewaa has just completed National Service at the Internal Audit Agency, holds an HND in Accounting and is a native of the same village as the DCE of Asante Akyem District. Ms Asantewaa will report to the District Finance Officer.
At the first meeting after the appointment of the DCE, the District Assembly had set up its standing committees and one of them was the Audit and Finance Sub-Committee. The first meeting of the sub-committee requested Ms Asantewaa to prepare briefing notes to show her vision and approach to the Internal Audit function at the District Assembly and to discuss how she will maintain her independence as well as her knowledge and understanding of Internal Audit Practices recommended by the Institute of Internal Auditors (IIA) as in the IIA’s International Professional Practices Framework (IPPF).
You are an Auditor in Public Practice and the Auditor General of Ghana has appointed you to perform the statutory audit of the Asante Akyem District Assembly. The Audit and Finance Sub-Committee of the District Assembly has requested that you attend the meeting at which the Internal Auditor will brief them and help them in assessing the Internal Auditor’s briefing.
Required:
(a) Comment on the matters that you will consider on the appointment of Ms Asantewaa and her reporting lines as discussed above.                                                                                                                                                                                                                                    (b) State the issues that you should expect Ms Asantewaa to discuss in her briefing to Audit and Finance Sub-Committee of the District Assembly.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "AAA – L3 – Q18 – Internal Audit"

Oops!

This feature is only available in selected plans.

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

If you’re not subscribed to a plan, click on the button below to choose a plan