The 2022-2026 PFM Strategy provides for the strengthening of the institutional capacity of IAA and the internal audit function across covered entities. The PFM4SD Program, financed by the World Bank aims at supporting the Internal Audit Agency to achieve the above mandate. Disbursement Linked Results (DLR) 8.2 of the PFM4SD Program requires that 50% of internal and external audit recommendations for a fiscal year are implemented by the end of the subsequent fiscal year end.
To assist the Internal Audit Agency to achieve this mandate, the World Bank under Activity 30.9 of the PFM for Service Delivery (PFM4SD) Program has given the Internal Audit Agency the responsibility to carry out Zonal Review Panels to facilitate the implementation of audit recommendations.
The Review Panel Teams A and B met with Management of four Covered Entities, Accra Metropolitan Assembly, Institute of Local Government Studies, Accra Technical University and Ghana Highway Authority on 27th May, 2025 to deliberate on audit issues in various quarter reports.
On 29th May, 2025, the Review Panel A deliberated on audit issues in the 4th Quarter Internal Audit Report of the Okaikwei North Municipal Assembly.
