AKHA RATIFIES TWO YEARS AUDITED ACCOUNTS OF 31 LGAs
Akwa Ibom State House of Assembly has ratified a report of the Auditor General on the arrears of two years of accounts of the 31 Local Government Councils in the state. The audited accounts which were from January - December, 2015 and January- December, 2016 were considered by the Akwa Ibom State House of Assembly during its plenary, Tuesday. The report was submitted by the House Committee on Public Accounts chaired by Hon. Charity Ido of Ukanafun State Constituency. Presenting the report, the Chairman said the Committee examined various reports which contained unresolved audit queries across the 31 Local Government Councils. According to Dr. Charity Ido, issues observed while carrying out the review of the two years arrears of Local Government Councils' Audit Report included weakness in Internal Control System, unretired advances running into millions of Naria, unremitted deposits due to third party, non- adoption of International Public Sector Accounting Standa...