Tag: #Audit
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AUDITOR-GENERAL UNCOVERS $19.3M IRREGULAR CHARGES AT GHANA’S U.S EMBASSY
A forensic audit by Ghana’s Auditor-General has uncovered about $19.37 million in irregular charges paid by visa and passport applicants at Ghana’s Embassy in Washington, D.C., between 2019 and 2025. The audit found that applicants were redirected from the Embassy’s official website to privately controlled platforms, where they paid additional fees for passport and visa…
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EXPERTS WARN AGAINST BLIND RELIANCE ON AI IN AUDITING, STRESS STRONG GOVERNANCE
Accounting and audit professionals have been urged to embrace Artificial Intelligence (AI) as a tool to improve efficiency without allowing it to replace professional judgment, ethical reasoning and independent thinking in financial reporting. Speaking at the 2026 Audit Committee Institute Conference on Wednesday July 1 in Lagos, Chairman of the Audit Committee Institute, Christian Ekeigwe,…
