The Premier News

ATU BECOMES IPSAS COMPLIANT BY MARCH 2023

The Vice-Chancellor of Accra Technical University, Professor Samuel Nii Odai has

advised some staff of the University to be accountable and comply with standards. He

did so during his speech to close the weeklong International Public Sector Accounting

Standards (IPSAS) training held for the University’s Finance department.

IPSAS are financial reporting standards for use by public sector entities that aims to

improve the quality of general-purpose financial reporting, leading to better-informed

assessments of the resource allocation decisions made by governments; thereby

increasing transparency and accountability.

Accra Technical University, as part of its quest to adopt IPSAS, organised a training

programme for the Finance Directorate and other departments that are involved in the

University’s financial activities, such as the Internal Audit, Procurement and Human

Resources departments.

According to Professor Odai, while the University’s main purpose is to educate, a huge

fraction of work in such an institution involved handling and moving money. Knowing

when and how to report and do so accurately and transparently is an essential part of

the job because someone must account for it after all, in Professor Odai’s words.

For this purpose, ATU hosted experts from PricewaterhouseCoopers Ghana (PWC), an

international accounting and consultancy firm, to take staff members of the Finance

Directorate and other finance-related departments through training sessions that took

place daily from 23rd to 27th January 2023. Members of PWC who came to assist ATU

employees with the training included Hayfron Aboagye, Partner at PWC Ghana; Johnny

Mensah, Associate Director; Augustine Aboagye, Senior Manager; Esenam Asafo,

Manager; Steve Afrifa-Yamoah, Senior Associate and Darlington Gyan, Associate.

The Vice-Chancellor graced the occasion together with the Registrar, Mrs. Sylvia

Beatrice Oppong-Mensah. Staff members who underwent the programme received

certificates to mark their completion of the programme.

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