The unit is responsible for financial management and accounting.
Functions
Its functions are :-
-
To provide advice and guidance to the controlling officer on financial
management.
-
To facilitate interpretation, implementation and coordination of the
utilization of public funds in line with public finance act and other.
Internal Audit
Internal audit is an independent appraisal unit in the ministry that reports
functionally and administratively to the permanent secretary (controlling
officer)
Functions
- To determine the accuracy of financial transactions.
-
To determine the level of compliance with government policies, laws,
contracts and procedures.
-
To evaluate financial and operational systems/processes for effectiveness
and adequacy of internal controls and provide advice and guidance on
control aspects of new policies, systems and procedures.
-
To verify the existence of government assets and recommend improvements to
management to ensure that proper safeguards are maintained to protect them
from loss and possible fraud.
-
To provide an advisory service to controlling and accounting officers.
-
To provide internal audit reports to the ministerial audit committee.
Financial regulations in place
-
To sensitize and orient the three services both within and outside Lusaka
in various financial management aspects.
-
To generate and produce financial reports for ultimate production of
Government financial reports.
