IAA Continues Rebranding Strategy
The Internal Audit Agency has continued its engagement with national institutions expending public resources, this time with the Liberia Football Association (LFA) at its headquarters at the Antoinette Tubman Stadium on Lynch street and U.N. Drive.
The engagement meeting, which coincides with the entity’s rebranding strategy, is a result of an earlier request from the LFA management requesting the IAA’s deployment of internal auditor(s) to strengthen controls of its activities.
The LFA’s President, Mr. Mustapha Raji, welcomed the IAA’s delegation and reaffirmed his desire to build a far more better system that is compliant with existing standards and regulations locally and globally.
Leading the day’s presentation, the Sector Director for County Operations, Mr. Gbanjah Campbell, drilled through the role and functions of the Internal Audit Agency, as well as the entity’s Ten Priority areas upon which the scorecards will be determined.
The scorecard is a product of the IAA’s Quarterly Performance Indicator which oozed out of the recently held National Transparency and Integrity Forum between the IAA and the Ministry of Finance and Development Planning, with representatives from the Integrity sector, Ministries, Agencies and Commissions (MACs), State Owned Enterprises (SOEs) and the Civil Society.
At the close of the presentation, the LFA President, Mr. Raji, thanked the IAA for the engagement and pledged to ensure that he engages with the Executive Committee of the LFA for endorsement. This will then precipitate the conduct of a Risk Assessment to inform management of existing risks and remedial actions to addressing said risks.
Meanwhile, the IAA has concluded similar engagement with the Accounting Services Unit (ASU) and the Project Financial Management Unit (PFMU) of the Ministry of Finance and Development Planning.
The engagements sought to strengthen cooperation aimed at addressing compliance lapses with daily transactions, as well as, donor funded projects across government MACs and SOEs.