Wednesday, April 11, 2012

Auditor General warns on poor accountability

ACK of proper accounting channels in sports has forced the Auditor General to call for increased financial discipline in national sports organs as one of the means to achieve better results. 

This was included in a report released last week for the year ending June 30, 2011. 

The report calls on the government bodies of Nakivubo and Namboole stadiums and National Council of Sports to have financial discipline and accountability. This should include getting internal auditors to check on their books of accounts. 

The report noted under valuing assets, lack of documentary evidence on expenses and utilised money and actual accountability not matching as some of the problems that required attention. 

He advised all to create internal audit systems to regulate expenditure and advise accordingly. 

"An internal audit function assists management in assessing internal control systems, risk management and governance and where there are deficiencies suggest improvements," said part of the over 300 page report. NCS was also blamed for having no job descriptions for the positions of Internal Auditor, Senior Assistant Secretary, Office Superintendent and Senior Administrative Secretary. 

"This may result into role conflict and failure to apportion responsibility." 

The auditor general blamed the lack of internal check for a loss of sh22.5m from the stadium expenses and a doubtful sh7m in trustee expenses. 

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