PFM Strategy 2022-2026

Ghana Audit Service's Public Financial Management Strategy for strengthening accountability and transparency.

Strategic Overview

The Public Financial Management (PFM) Strategy 2022-2026 outlines the Ghana Audit Service's roadmap for enhancing public sector accountability and strengthening the external audit function in Ghana.

This five-year strategy is aligned with national development objectives, international best practices, and the requirements of the Audit Service Act, 2000 (Act 584).

Vision

To be a world-class Supreme Audit Institution that promotes accountability, transparency, and good governance in the management of public resources.

Mission

To audit and report on the management of public funds and resources to enhance accountability and promote efficiency in the public sector.

Strategic Pillars

1

Strengthening Audit Quality

Enhancing audit methodologies, capacity building, and quality assurance processes to deliver high-quality audit reports.

2

Expanding Audit Coverage

Increasing the scope of audits to cover more public entities and ensuring comprehensive oversight of public funds.

3

Enhancing Stakeholder Engagement

Building stronger relationships with Parliament, civil society, and the public to promote accountability.

4

Modernizing Operations

Leveraging technology and digital tools to improve audit efficiency and organizational effectiveness.

5

Strengthening Institutional Capacity

Developing human resources, infrastructure, and systems to support the delivery of the audit mandate.

PFM Strategy Document

2022-2026 Strategic Plan

Download Full Strategy

Document Details

Published:
March 2022
Period:
2022-2026
Format:
PDF

Key Objectives

The strategy aims to achieve the following objectives by 2026

Audit Coverage

Achieve 100% audit coverage of all auditable entities by 2026.

Timely Reporting

Submit all audit reports within 6 months of financial year-end.

Recommendation Implementation

Achieve 80% implementation rate of audit recommendations.

International Standards

Maintain full compliance with ISSAI standards across all audit types.

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