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Psa Assignment

This document outlines an individual assignment for the Public Sector Accounting course at the University of Education, Winneba. It includes specific questions related to key speeches, principles of equity, public financial management, internal audit roles, and the functions of various governance institutions. The assignment is due on February 5, 2025, and requires clarity and neat presentation in both typed and written formats.

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5 views3 pages

Psa Assignment

This document outlines an individual assignment for the Public Sector Accounting course at the University of Education, Winneba. It includes specific questions related to key speeches, principles of equity, public financial management, internal audit roles, and the functions of various governance institutions. The assignment is due on February 5, 2025, and requires clarity and neat presentation in both typed and written formats.

Uploaded by

www.lampteyjoseph744
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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UNIVERSITY OF EDUCATION, WINNEBA

SCHOOL OF BUSINESS
DEPARTMENT OF ACCOUNTING
COURSE CODE: ACC 352/ BAC 355
COURSE TITLE: PUBLIC SECTOR ACCOUNTING
2024/2025 ACADEMIC YEAR

INDIVIDUAL ASSIGNMENT

INSTRUCTION
You are required to provide the answers both in typed and written format before (2:00PM) on
Wednesday 05/02/2025. Ensure clarity and neat presentation of answers. Typing should be in
Times New Romans. Font size should be 12. Double spacing.

QUESTIONS
1. Elaborate on four (4) key points from the inaugural speech of H.E John Dramani Mahama,
which will be his focus in the “resetting” agenda.
2. What are the key highlights in the minority leader’s speech in seconding the motion for
adjournment during the inaugural ceremony at the black star square on the 7th January,
2025.
3. The principle of equity within the good governance framework requires public officials to
act fairly. Explain the four dimensions along which equity can be evaluated and measured.
4. The World Bank identifies notable elements of Public Financial Management. Provide a
discussion linking each of these elements to the public sector of Ghana.
5. In a recent audit committee meeting, there arose a serious disagreement between the
Director of Finance and the Chief Internal Auditor concerning the internal audit role in the
public sector. The Internal Auditor insists that internal audit's primary responsibility in the
public sector is to carry out intensive pre-audit or to vouch. He concludes that internal audit
without pre-audit is useless and unfit for purpose. The Director of Finance opposed this
view vehemently, arguing that pre-audit is an old fashion practice in the public sector and
in the 21st century this should not be encouraged in a forward-looking organization like
theirs.

P.S.A – IBRAHIM A. AHMED


Required: As a member of the Audit Committee, educate the two key officers of the
organization on the functions of the internal audit under the Public Financial Management
Act, 2016 (Act 921).
6. Discuss the roles of the following institutions in ensuring good governance:
a. EOCO
b. CHRAJ
c. Public Accounts Committee
d. Office of the Special Prosecutor
P.S.A – IBRAHIM A. AHMED

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