October 29, 2007 (JUBA) — Southern Sudan government signed an agreement with a leading international auditing firm to examine the financial accounts of governmental institutions and to deliver constructive reports for management use.
The British firm is expected to shed light on possible corruption in the recently formed administration of Southern after a 2005 north-south peace deal.
In a statement issued on October 25, South Sudan Audit Chamber announced the formal signing of an agreement with PKF auditing firm to audit Southern Sudan Government institutions and provide development and capacity building support to the audit chamber.
The contract is initiated by the Ministry of Finance and Economic Planning the South Sudan Audit chamber and the PKF. While the World Bank and GOSS are co-funding the project.
PKF is a leading international business advisory organisation. With a global network that reaches into over 119 countries, serviced by over 380 firms.
PKF will work closely with the SSAC to prepare joint audit programs and undertake joint audits of various government agencies accounts, said the statement.
The PKF team will also contribute to institutional development and strengthening of the South Sudan Audit Chamber.
PKF will assist the Chamber to develop a strategic plan for training of Sudanese Nationals to ensure the sustainability of its functions into the future. Also it will recommend and advise GOSS institutions in the proper use of GOSS funds and Resources.
Activities including recruitment of staff, developing remuneration and retention of policies, designing and delivering training and capacity building initiatives.
The audit of GoSS institutions is expected to start by the end of 2007.
The audit will investigate how $500 million of reserve money was spent without parliamentary approval in 2006, south Sudan’s Auditor General Barnabas Majok said recently.