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State VP Chilima Asks Auditors, Accountants to Adhere to Financial Act
Mana
Chilima:The passing of Public Accountants and Auditors Act 2013 was to instill discipline and professionalism in the accounting and auditing profession
Vice President, Dr. Saulos Klaus Chilima has asked for publishing of public government financial statements regularly to improve public financial accountability in the country.
The Vice President said this on Friday when he presided over the closing of Public Sector Conference, organized by the Institute of Chartered Accountants in Malawi (ICAM) at Linde Motel in Dowa district.
Chilima said he is well informed that government is reporting its expenditure following the International Public Sector Accounting Standards (IPSAS), saying Malawians can only be assured of continued public scrutiny of financial position of the government if only full financial statements are published on a regular basis.