Auditors expect pushing back the financial reporting (FiRe) awards to November over elections to offer a window for submitting Auditor-General’s county reports and assessing the regional units’ reporting standards.
Promoters of the award Thursday said change of date from October would enable them to get hold of the reports on time and address concerns raised by the Auditor- General and the Controller of Budget.
Recent reports from the two offices have indicted county governments and assemblies for misusing public funds.
“All the 47 county governments and assemblies have submitted entries. We are referring to reports by Auditor General and Controller of Budget…they have always expressed concern on the manner in which county governments and assemblies utilise public funds,” said Institute of Certified Public Accountants of Kenya (Icpak) chief executive Edwin Makori.
The awards are promoted by Icpak, Public Sector Accounting Standards Board, CMA and NSE. They are set for November 17 in Nairobi.
Article: Business Daily Africa