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Difficulty: EasyPublic Sector Financial Control and Audit Procedures

Which of the following public officers is constitutionally mandated to conduct the external audit of government ministries, departments, and agencies and submit financial reports to the National Assembly?

  1. Auditor-General for the FederationAnswer
  2. B
    Accountant-General of the Federation
  3. C
    Minister of Finance
  4. D
    Chairman of the Public Accounts Committee

Answer

Auditor-General for the Federation
The Auditor-General for the Federation is an independent officer constitutionally authorized to audit all public accounts of government ministries, departments, and agencies, and report audit findings directly to the legislature.

Step-by-Step Solution

1
Identify the financial control officer tasked with statutory external audit in the public sector.
The constitutional responsibility of independent examination of public accounts and reporting to the National Assembly rests with the Auditor-General for the Federation.
Separation of financial control duties requires an external auditor independent of the executive financial managers who prepare the treasury accounts.

Key Concept

Roles of Key Public Financial Officers in Financial Control and Audit
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Topics

Public Sector Financial Control and Audit Procedures

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