First in a country: K-P launches inner review system
Khyber-Pakhtunkhwa Finance Minister Muzaffar Said PHOTO: SDPI
PESHAWAR: Khyber-Pakhtunkhwa on Tuesday became a initial range in a nation to delineate and exercise an inner review process for all of a departments, directorates, trustworthy departments unconstrained bodies and inner governments.
The process was rigourously announced by Khyber-Pakhtunkhwa (K-P) Finance Minister Muzaffar Said with support from Sub-National Governance (SNG) programme during a rite in Peshawar.
The new process will see a supervision build an inner review complement in any and any dialect of a K-P government.
These systems will, in turn, be run by a executive inner review cell, called a Provincial Internal Audit Cell (PIAC). The PIAC will essentially work during a financial dialect while apart inner review cells (IAC) will be set adult in any department, directorate, trustworthy department, unconstrained physique and district government.
So far, a supervision has set adult IACs in 13 departments of a provincial and district governments in Peshawar. More cells will be set adult during a remaining supervision departments gradually, Finance Department Additional Secretary Safeer Ahmed explained in his presentation.
Further explaining a system, Ahmed pronounced that any IAC would be headed by an review officer along with auditors and ancillary staff.
“The IAC shall have unlimited entrance to a departments’ books and records, functions, properties and personnel,” Ahmed pronounced while explaining a powers of a IAC. He combined that team-work with a IAC would be mandatory.
Earlier, Finance Secretary Shakeel Qadir allayed fears of officials, assuring that a new complement will not weight departments and supervision functionaries. Rather, he explained, a complement was meant to palliate their work and make a review reduction commanding than an outmost audit.
“The complement is not a witch-hunt,” Qadir explained, adding, “it is not an additional weight on a departments rather it will yield resolution to your problems,” He combined that mistakes and errors, possibly in financial record gripping or procedures, are normal. But when spotlights are shone on them by outmost auditors, they turn annoying for a dialect and a staff.
“It (the inner review cells) would partially — if not totally — put an finish to these procedural and financial errors,” he said, adding that experts from a IAC would indicate out a errors within a dialect and assistance repair them before a outmost auditors snippet them.
Qadir combined that a financial dialect would make a claim arrangements for housing a offices of IACs given many departments miss space and resources to adjust and promote these officials.
Talking about a enlargement of IACs, he pronounced that uninformed recruitments would be done as per requirements. “Internal review is an entity of a future. It has to expand,” Qadir asserted, adding that underneath a stream inner supervision system, an inner review complement was desperately needed.
The financial apportion called a complement as partial of a “self-accountability” progression and asked all departments and supervision employees to work with a complement and to adopt a enlightenment of self-accountability.
Published in The Express Tribune, Nov 1st, 2017.
Article source: https://tribune.com.pk/story/1546406/1-first-country-k-p-launches-internal-audit-system/