{"id":37233,"date":"2021-09-23T16:55:15","date_gmt":"2021-09-23T16:55:15","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=37233"},"modified":"2021-09-23T15:00:31","modified_gmt":"2021-09-23T15:00:31","slug":"keep-off-auditors-work-heads-of-parastatals-told","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told","title":{"rendered":"Keep off auditors\u2019 work, heads of parastatals told"},"content":{"rendered":"

Africa-Press<\/a> – Tanzania<\/a>. <\/strong><\/span>FINANCE and Planning Minister, Dr Mwigulu Nchemba yesterday urged heads of parastatals to refrain from influencing Internal Auditors, insisting that the cadre ought to discharge their duties without fear or factor.<\/p>\n

According to Dr Nchemba, auditors are duty-bound to provide independent and objective evaluations of company financial and operational business activities, without getting influenced or threatened by heads of institutions and parastatals.<\/p>\n

\u201cI urge internal auditors to be more courageous and tread carefully while doing their work, they shouldn\u2019t, in any way, be cowed by the threats of their bosses,\u201d maintained the Finance and Planning Minister, while fielding questions from journalists after opening the Internal Auditors General Meeting here yesterday.<\/p>\n

Dr Nchemba acknowledged that the cadre was being subjected to threats from heads of organizations, further calling upon such bosses to let the internal auditors work independently.<\/p>\n

\u201cThe government has allocated a huge chunk of money on strategic projects, if the internal auditors aren\u2019t independent then such money would go to waste and projects will definitely get compromised,\u201d he observed.<\/p>\n

While receiving annual financial reports in March, this year, President Samia Suluhu Hassan challenged the Controller and Auditor General (CAG) not to water down his reports, instead telling the whole truth as it was.<\/p>\n

\u201cDon\u2019t mince words, be as open as possible \u2026 If a certain parastatal isn\u2019t doing well, say so; if a board is underperforming, tell us,\u201d declared the president.<\/p>\n

Speaking yesterday, Dr Nchemba insisted that Internal Auditors in Tanzania had a key role to play in a country\u2019s development, thanks to their role of serving as the eyes and ears of the company\u2019s senior leadership and board of directors.<\/p>\n

On her part, a committee board member with the Institute of Internal Auditors (IIA), Christine Victoria Mbonya, disclosed that misappropriation of funds and bad procurement processes were the major frauds they were currently grappling with.<\/p>\n

\u201cThese are the common fraudulent practices that we normally come across, but with the President\u2019s assurance, we are hopeful that we will address them,\u201d she said. Such crimes were a clear indication that something has gone amiss in good governance and transparency, according to Ms Mbonya.<\/p>\n

The IIA Committee Board Member further assured that the internal auditors in the country will continue to help their organisations accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.<\/p>\n

\u201cWhich is why we had approved the International Professional Practices Framework (IPPF) as a guide to the auditors,\u201d she added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. FINANCE and Planning Minister, Dr Mwigulu Nchemba yesterday urged heads of parastatals to refrain from influencing Internal Auditors, insisting that the cadre ought to discharge their duties without fear or factor. According to Dr Nchemba, auditors are duty-bound to provide independent and objective evaluations of company financial and operational business activities, without […]<\/p>\n","protected":false},"author":84,"featured_media":37232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[6990,6991,711],"class_list":["post-37233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nKeep off auditors\u2019 work, heads of parastatals told - Tanzania<\/title>\n<meta name=\"description\" content=\"FINANCE and Planning Minister, Dr Mwigulu Nchemba yesterday urged heads of parastatals to refrain from influencing Inter ...\" \/>\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\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keep off auditors\u2019 work, heads of parastatals told\" \/>\n<meta property=\"og:description\" content=\"FINANCE and Planning Minister, Dr Mwigulu Nchemba yesterday urged heads of parastatals to refrain from influencing Inter ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-23T16:55:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/09\/img-614c9670bd6e0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1279\" \/>\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\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Keep off auditors\u2019 work, heads of parastatals told\",\"datePublished\":\"2021-09-23T16:55:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\"},\"wordCount\":432,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/09\/img-614c9670bd6e0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/keep-off-auditors-work-heads-of-parastatals-told\",\"name\":\"Keep off auditors\u2019 work, heads of parastatals told - 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