{"id":37826,"date":"2023-03-22T06:03:33","date_gmt":"2023-03-22T06:03:33","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice"},"modified":"2023-03-22T12:06:57","modified_gmt":"2023-03-22T12:06:57","slug":"kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice","title":{"rendered":"KPMG sign MoU with GIPS to promote sound procurement practice"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Ghana Institute of Procurement and Supply (GIPS) has signed a memorandum of understanding with leading multinational audit firm KPMG to build the right synergies and capacities that will promote the practice of sound and value-based procurement in the country.<\/b><\/p>\n

Areas of the engagement will include KPMG\u2019s assessment, recommendation, and support for the passage of the proposed Procurement Practicing Bill, which is tipped to be the game-changer for the procurement practice, and the offering of its sophisticated digital learning platforms to help build the right skills and capabilities of local procurement professionals.<\/p>\n

According to the president of GIPS, Mr. Simon Annan, the strategic partnership aligns with the<\/p>\n

institute\u2019s vision of building the right alliances and support systems that will help to tackle procurement related infractions and wastages in both the public and private spaces.<\/p>\n

\u201cAs procurement professionals, our service is critical in the management of public finances and we need the right support systems and collaborations. KPMG is a good match and through this partnership we will be able to build the right capacities that will help to sanitize the procurement landscape,\u201d he said at a meeting between the leadership of the two institutions.<\/p>\n

Mr. Annan added: \u201cAs critical stakeholders, the two institutions could collaborate in several areas including the reviewing and making significant inputs into the draft Procurement Practicing Bill, which will be the game-changer for the practice of procurement in the country.\u201d<\/p>\n

KPMG\u2019s Head of Advisory and Markets, Andy Akoto, in his remarks, assured that his outfit was ready to work with GIPS and also highlighted the need for private sector and civil society organisations to step<\/p>\n

up their efforts in helping to reduce procurement-related wastages, especially in the public sector.<\/p>\n

\u201cKPMG is at the forefront when it comes to helping to strengthen the ethical and other control systems of organisations; and we have the expertise to push the procurement agenda,\u201d he assured.<\/p>\n

According to Mr. Akoto, the partnership will greatly improve public finance management practices because fallouts from organizational weaknesses such as fraud and other financial malfeasances more often than not start with procurement.<\/p>\n

\u201cFor us, there are definitely some synergies and areas to collaborate and cooperate to help bring procurement conversation to the fore to help address the wastage in public finances,\u201d he further noted.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Ghana Institute of Procurement and Supply (GIPS) has signed a memorandum of understanding with leading multinational audit firm KPMG to build the right synergies and capacities that will promote the practice of sound and value-based procurement in the country. Areas of the engagement will include KPMG\u2019s assessment, recommendation, and support for […]<\/p>\n","protected":false},"author":84,"featured_media":37825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[5092,5096,429],"class_list":["post-37826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nKPMG sign MoU with GIPS to promote sound procurement practice - Ghana<\/title>\n<meta name=\"description\" content=\"The Ghana Institute of Procurement and Supply (GIPS) has signed a memorandum of understanding with leading multinatio ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KPMG sign MoU with GIPS to promote sound procurement practice\" \/>\n<meta property=\"og:description\" content=\"The Ghana Institute of Procurement and Supply (GIPS) has signed a memorandum of understanding with leading multinatio ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-22T06:03:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-22T12:06:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/03\/postQueueImg_1679449197.75.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"598\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"KPMG sign MoU with GIPS to promote sound procurement practice\",\"datePublished\":\"2023-03-22T06:03:33+00:00\",\"dateModified\":\"2023-03-22T12:06:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\"},\"wordCount\":404,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/03\/postQueueImg_1679449197.75.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/kpmg-sign-mou-with-gips-to-promote-sound-procurement-practice\",\"name\":\"KPMG sign MoU with GIPS to promote sound procurement practice - 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