MFDP trains comptrollers in Grand Bassa

The Ministry of Finance and Development Planning (MFDP) over the weekend held a three – day training for comptrollers from various ministries across the country in Grand Bassa County.

Speaking at the opening of the training, the Comptroller and Accountant General of the Ministry of Finance Kanga A. Kowo says the training was about financial reporting under International Public Sector Accounting Standards (IPSAS).

He says in 2009 the Public Management Act was passed as part of government’s initiative, adding that when he became comptroller, he saw that financial reporting is very critical.

According to him, whenever public resources have been used, it is incumbent on government to give account on expenditures.Mr, Kowo notes that for the past time, there have been challenge for comptrollers and accountants in terms of building their capacities.

But he says it is very important for government to build the capacity for accountants and comptrollers across the country.He expresses hope that after the training, the performances of comptrollers and accountants will be enhanced.

By Bridgett Milton–Edited by Winston W. Parley