Integrity key in public finance management
Director of Specialised Audit in the office of the Auditor General Charles Maseya has said integrity and adherence to internal control measures are among key tenets to enhancing efficiency in public finance management (PFM).
Maseya has since called on the need for improved capacity among office bearers by ensuring well-balanced skills, Knowledge and Attitudes (SKAS).
This came out during a recent journalist training on government audit processes organised by Oxfam, in Salima District.
According to Maseya, patriotism is key and should begin with every individual who desires to see change in Malawi’s PFM system.
“We, auditors, interface with controlling officers as our auditees and the audit process is very clear that before the commencement of the audit we issue an engagement letter which is signed between the AG and the controlling officer.
“We take the controlling officer on board throughout the audit and at the end of the audit we have an exit meeting where issues are discussed comprehensively, advice is provided and the aim of the audit is to provide assurance to the public,” Maseya said.
Oxfarm Public Resource Governance Coordinator Chisomo Manthalu said there has been an improvement in PFM in the country following intense media coverage hence such training.
“We are impressed with the gains that have been made in PFM. There have been a lot of stories exposed in the media on public funds mismanagement . Furthermore, there has been coverage of almost all aspects of PFM which is good for Malawi,” Manthalu said.
