Non-Compliance with Regulation 46 of the PFMR, 2019 (LI 2378) on Prompt Lodging of Revenue Collections at Ayensuano District Assembly

353. Regulation 46 of the PFMR, 2019 (LI 2378) requires a Principal Spending Officer to ensure that non-tax revenue collected is immediately lodged in gross within twenty-four hours in the designated bank account.
354. On the contrary, we noted that 11 revenue collectors of Ayensuano District Assembly did not account for revenue collections amounting to GH¢45,809.50 during the year under review
355. The Finance Officers attributed the anomaly to logistical challenges hindering the Revenue Superintendent from carrying out effective revenue monitoring.
356. Failure to lodge promptly all revenue collected could lead to misappropriation of funds thereby denying the Assembly the use of the GH¢45,809.50 for their programmes and activities

← Back to District

Ayensuano

Citation Source
Report Department Category Date
2023 Audit Report Finance Compliance Issues 23 Oct. 2024

Citation Impact

Potential misappropriation of funds amounting to GH¢45,809.50, depriving the Assembly of the necessary financial resources for its programs and activities, and undermining financial accountability.

Recommendations

Updates

Related Citations