Financial disclaimer reports of regional councils and local authorities worrisome: NIPAM

27 Sep 2019 16:00pm
WINDHOEK, 27 SEP (NAMPA) – The ongoing financial disclaimer reports in some regional councils and local authorities are worrisome, Namibia Institute of Public Administration and Management (NIPAM) Executive Director Maria Nangolo has said.
Nangolo made the remarks in a statement issued Friday announcing that NIPAM will host a public sector internal auditors conference from Monday until Wednesday. Over 100 participants, including governors, regional councillors, chief regional officers and regional and local government administrators, are expected to attend.
She said the conference to be held at NIPAM is aimed at capacitating internal auditors across the public service sector and will serve as a foundation for establishing a public sector forum for internal auditors.
“It will provide fresh insight on the evolving role of internal auditing and sharing new ideas, best practices, international standards and recent trends besides the emerging challenges in the internal auditing function,” said Nangolo.
She added that this comes at a time when most institutions within the public sector are receiving qualified and disclaimer opinions from the auditor general’s office - which recently reported that about 24 local authorities had failed to submit financial statements over the past three years.
“If the internal audit function is existent and if it operates within the set standards, we as NIPAM believe there will be no qualified opinions. We hope this conference provides internal auditors with guidance and capacity to deliver before the external audit reporting of their institutions and organisations,” said Nangolo.