Internal Audit

Directorate of Internal Audit

Section 16 (1) of the Internal Audit Agency Act 2003 (Act 658) makes it mandatory for all public institutions to set up their own Internal Audit Units (IAUs).

Section (83) 1 and 2 of the recently promulgated Public Financial Management Act, 2016 (Act 921) also states ‘a covered entity shall have an Internal Audit Unit'. The head of the Internal Audit Unit shall report administratively to the Principal Spending Officer and functionally to the Audit Committee of that covered entity’.

As an internal oversight unit, the Directorate is responsible to the Vice-Chancellor and the University’s Governing Council for the effectiveness of the University’s risk management, control and governance processes as well as arrangements to promote economy, efficiency and effectiveness in the University’s operations.

Director's Profile

FREDERICK ADONGO MAHAMA

Mr. Frederick Adongo Mahama is the Director of Internal Audit in the University of Health and Allied Sciences in Ghana. Prior to this, he was the Director, Training & Professional Development at HDS & Associates.

He is a Chartered Accountant and a member of both the Institute of Chartered Accountants, Ghana and the Institute of Internal Auditors, Ghana. He is also a trained Data Protection Practitioner.

Education

Mr. Mahama obtained both his Bachelor of Commerce Degree and Diploma in Education concurrently at the University of Cape Coast, and later pursued a Master of Science in Industrial Finance and Investments, at the Kwame Nkrumah University of Science and Technology.

Work Experience

As at August 2021, Frederick Adongo Mahama had a total of 25 years’ experience in Management, Accounting and internal auditing. The last 14 years have been spent mainly in the practice of internal auditing.

He worked as Audit Manager and Head of Internal Audit and compliance at the Mechanical Lloyd Company Limited for 10 years. In 2017 he was appointed as the Deputy Director, Internal Audit at the Data Protection Commission. Before joining the HDS & Associates in January 2020, He had a brief stint with the Akoa Beverages Company Limited as Chief Finance officer.

As Internal Auditor his interest has been reviewing and analysing various internal controls and facilitating in designing systems to meet risks and control environments, fraud investigations, and the review of Management as well as Financial Accounting information.

a) Preparing audit plans and conducting audits based on the plan approved by the Audit Committee of the University’s Council.

b) Evaluating the design and effectiveness of the internal control systems in the University and making recommendations for improvements.

c) Making recommendations to safeguard assets and ensure the integrity of financial transactions and financial reporting.

d) Conducting periodic examinations of the accounts of the University.

e) Monitoring to ascertain whether all expenditure incurred have been authorized and are within budgetary provisions.

f) Liaising with External Auditors and ensuring that appropriate action is taken on reported audit findings.

g) Communicating audit results functionally to the Audit Committee and administratively to the Vice-Chancellor.

h) Generally, responsible for ensuring that the University complies with the Internal Audit Agency Act 2003 (Act 658).

i) Undertaking other assignments commissioned by the Vice-Chancellor.

The Directorate has three Units. The core mandate of each Unit is described below:

a) Financial Audits Unit:

The unit is responsible for the review of the University’s accounting and reporting of financial transactions, including commitments, authorisations and receipt and disbursement of funds. It helps to verify that there are sufficient controls over cash and cash-like assets and there are adequate process controls over the acquisition and use of resources. It also focuses on the components of the University’s major business activities such as payroll, cash handling, inventory and fixed assets and their physical security, grants as well as contracts.

Other areas include the University’s internally generated funds, Government funding, Budgeting, Procurement, Accounts Payable and Account Receivable, Imprests and Advances, Students’ Representative Council Accounts, Cash management and Investment.

This Unit is headed by Mr. Mohammed Arimiyao.

b) Performance Audits and Investigations Unit

This unit examines the use of the University’s resources to evaluate whether those resources are being used in the most effective and efficient manner to fulfill the University’s mission and objectives. That is, value for money audits.

Key auditable areas covered by this Unit includes Library Resources, Laboratories, Vocational Training Programme, Faculty Teaching Load, Transport Services, Students Hostels, Human Resources, Admissions and Examinations Processes, Works and Physical Development Audits, Students’ Feeding for level 100 students.

Also, where fraudulent activity is present or suspected, it is this Unit which conducts investigations to among other reasons, confirm the presence and extent of the fraud and also to provide the necessary evidence for legal purposes.

This Unit is headed by Mr. Okanto Lartey Addison

c) Compliance and Information Technology Audits Units

This unit assesses the University’s adherence to laws, regulations, policies and procedures. These include Tax laws, Public procurement laws, Public Financial Management Act and Regulations, Labour laws, Policies and Guidelines of Regulators such as National Accreditation Board, National Council on Tertiary Education, Medical And Dental Council, Nursery and Midwifery Council, Allied Health Professional Council, Pharmacy Council and all other Regulatory Bodies that the University deals with.

It assesses the University’s adherence to grant agreements with Partners as well as the University’s own Policies, Procedures and Guidelines.

The Unit is also responsible for auditing the information technology components of the University’s systems and processes. These audits include such things as the University’s financial management system and students’ online information systems, hardware, software, change or version control as well as virus protection and firewalls.

This Unit is headed by Mr. Lebene Israel Klu.

d) Sub offices

The Directorate has plans to open two sub offices at the Hohoe and Keta campuses of the University in the not too distant future to ensure that there is effective and efficient internal audit coverage in all campuses of the University.

Internal Audit

Directorate of Internal Audit

Director's Profile

FREDERICK ADONGO MAHAMA

Education

Work Experience

a) Financial Audits Unit:

b) Performance Audits and Investigations Unit

c) Compliance and Information Technology Audits Units

d) Sub offices

Mohammed Arimiyao

Lebene Israel Klu

Okanto Lartey Addison

Alexander Yao Agbenu

Francis Duodu Asante

Bernice Danso