ACCOUNTANT-General of the Federation (AGF), Mr Ahmed Idris says the 2015 financial statements of the Federal Government was in accordance with International Public Sector Accounting Standards Accrual basis (IPSAS Accrual basis). It thus made it the first of its kind in the history of government’s financial reporting in Nigeria, according to a statement signed by Deputy Director of Press, Mr Rotimi Ajayi. The AGF, therefore, re-affirmed the Treasury’s resolve to provide a level playing ground for all professional bodies to operate, especially as it regards to the growth of the Economy. Earlier, President of ICAN, Mr Ismail Zakari extolled the exemplary leadership and professional competence of Mr, describing him as a hard worker whose efforts has brought more public confidence and stability in the management of the nations Treasury. According to Mr Zakari, as part of her contribution to improving transparency and efficiency in the management of public finance in the country, the institute has developed an Accountability index which is aimed at assessing the public finance management across the 3 tiers of Government.

Source: Nigerian Tribune January 23, 2018 17:42 UTC