Mr. Alhassan Fuseini, Deputy Director, Projects Coordinating and Monitoring Unit (PCMU) of the Internal Audit Agency (IAA) inaugurated the Audit Committee of the Ghana Civil Aviation Authority (GCAA) on 26th October, 2022 on behalf of the Director-General, Dr. E.O. Osae.
The Director-General of GCAA, Ing. Charles Kraikue was the Chairman of the inauguration. In attendance was Mr. Daniel Acquah, Deputy Director-General (Technical). In his opening remarks, Ing. Kraikue stated that the event was in fulfillment of Section 83 (1) of the Public Financial Management Act, 2016.
Delivering the speech of the Director-General of IAA, Mr. Fuseini mentioned that the PFM Act categorizes the functions of the Audit Committee into three namely mandatory, advisory and supporting. Under the mandatory functions, the Committee is required to pursue leadership of the Authority to implement recommendations in Internal and External Audit Reports, directives from Parliament and monitoring reports with financial implications. He continued that the Committee should also prepare and submit an annual statement indicating the status of implementation of required reports. He revealed that untimely submission of these reports has sanctions attached.
On the advisory functions, Mr. Fuseini said the Committee is mandated to advise Management to incorporate risk management practices into their operational activities which would help immensely in the achievement of the mandate of the institution. The Committee should similarly ensure internal controls are working and advise Management on governance processes. The supporting functions of the Committee as mentioned by Mr. Fuseini include supporting the Internal Audit Directorate in terms of provision of adequate resources since it is the eye of the institution. He reminded the Committee that the 3rd Quarter Internal Audit Report is due for submission by 31st October, 2022, the Annual Performance Audit Report, by 31st December, 2022 and the 2023 Risk-Based Internal Audit (RBIA) Work plan by 31st January, 2023. He requested members to work assiduously to assist the Internal Audit Directorate to submit these reports and plan timely.
In his closing remarks, Ing. Kraikue thanked the previous Audit Committee for the good work on behalf of the Board and Management of GCAA. He assured the new Committee of the support of leadership.
Members of the Committee are Nana Kwesi Ennin III (ICAG Rep and Chairman of the Committee), Mr. Joshua Magnus Nicol (IAA Rep) and Ms. Pamela Osei Agyekum (IAA Rep). Messiers Ofori Kofi Newman and Kwasi Owusu-Ansah are members of the GCAA Board.
