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Institute of Internal Audit Ghana elects new Governing Council

By
Deborah Apetorgbor, GNA

Accra, July 13, GNA – The Institute of
Internal Auditors (IIA) Ghana on Thursday elected Mrs Juliet Aboagye-Wiafe, the
former Vice President, as the new President of its 2017-2019 Governing Council
at the Annual General Meeting in Accra.

Together with Mr Daniel Quampah, the new Vice
President, and seven officers, the nine-member Council is expected to
facilitate the smooth running of the Institute which is dedicated to the
promotion and development of the practice of internal auditing in Ghana.  

The new President expressed the Council’s
appreciation to the Institute stating that their election indicated the trust
and confidence members had in their abilities to deliver, and promised not to
disappoint them.

She charged internal auditors in the country
to be vocal on the media, to educate the public on the duties of internal
auditors and dispel any misconceptions about the profession, as well as speak
on topical issues in the country.

Mrs Aboagye-Wiafe observed that the internal
committees instituted by the IIA Ghana had remained dormant for too long and
renewed the Council’s commitment to ensure that the committees would perform
the functions for which they were set up.

She pledged to ensure close collaboration with
senior auditors to assist the Council run its affairs to promote internal audit
practice in the country.

Mr Richard Ntim, the immediate past president
of the outgone council, was appreciative of the opportunity given to him and
his team to serve the Institute for the past couple of years and entreated the
newly constituted council to continue in the advocacy drive to create awareness
of the work that internal auditors do.

He said there were some erroneous notion that
internal auditors were ‘policing’ organisations just to find faults inherent in
their operations, which he said, affected the working relationship and
consequently their recommendations.

Mr Ntim said the aim of internal audit was to
“identify lapses, inefficiencies, weaknesses, and risks associated in the work
we do in organisations and things that can prevent management from achieving
organisational objectives.”

He added that internal auditing went beyond
financial, as people usually thought, to encompass various issues that could
forestall organisational growth including; judicious utilisation of available
resources.

He said when people understand the role they
play and appreciate their work, they would have a better collaboration with
their stakeholders so that they could do their work better.

Meanwhile, the Institute, according to him,
has commenced the initiative to gain recognition from the government.

The election of the new Governing Council of
the IIA Ghana had been preceded by the ratification of proposals for amendment
of the Institute’s constitution which was critical to the present election.

The amendment had been necessitated by the
need to address observed lapses in the constitution concerning council members’
tenure of office and other pertinent issues.

Included in the approved proposal were key
considerations of the length of term of office for Council members, which had
to conform with the global tenure of office to create a requisite turnover of
council members, strengthening the capabilities of members to facilitate
succession planning as well as creating a ‘pool of professionals’ abreast of
the workings of the internal audit globally.

Currently, the IIA Ghana has a membership of
over a thousand internal auditors with Ghana representing the West African
sub-region on the governing council of the African Federation of Institutes of
Internal Audit (AFIIA).

GNA

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