ICAN to assist office of the auditor general on forensic auditing

Institute of Chartered Accountants of Nigeria (ICAN) has pledged to support office of the auditor general on forensic auditing, which Samuel Ukura, auditor general of the federation, says the Federal Government is already spending so much on consultants to execute such jobs.

ICAN president, Femi Deru, disclosed this during an official visit to the Office of the Auditor General of the Federation in Abuja, as he challenged auditors to always upgrade their knowledge with globally acceptable auditing standards to facilitate better practices.

According to Deru, “What we take away from this visit is that accounting is the world business, and auditing is key in checking it to ensure it is robust and meets acceptable global standards.

“We are here to ensure that those auditing our public institutions are knowledgeable enough and comply with standards meted out by International Federation of Accountancy. A workshop is currently ongoing to that effect to ensure we maintain standards.

“We must ensure our auditors work accordingly to ensure global compliance. We are already working towards that to ensure compliance by relevant bodies that handle government auditing business.”

Meanwhile, Ukura said his office had facilitated the training of auditors on performance auditing and environmental auditing, which translates to efficiency in handling of government auditing business.

“When we had the issue of flooding, an environmental auditing was also conducted, which assist us in having an audited reports to confront such challenges in near future. We have also focused on disaster management audit to ensure proper auditing,” he said.