FDA EMERGES AS THE BEST ACCOUNTS AND FINANCE TEAM IN THE PUBLIC SECTOR
The Food and Drugs Authority’s (FDA) Finance Department, has been adjudged the best Accounts and Finance team of the year ,2019 in the public sector. The prestigious award is the 3rd edition by the Ghana Accountancy and Finance Awards, organized at the Movenpick Ambassador Hotel, Accra.
This year’s edition of the ceremony highlighted the excellence of finance houses and outstanding individuals in these sectors. The awards, have a high rate of credibility since all the procedures are judged by a technical team and an eminent Awarding and Research Board.
The award comes as a recognition of the efforts by the Finance Departments at the Authority in complementing the work of the FDA in ensuring proper financial transactions and proper records in the financial aspect at the Authority.
The Finance Department is noted for its ability to submit all financial reports consistently and in time to the supervisory agency and adhering to all financial regulation requirements.
The Department has over a period complied absolutely with government’s processing of expenditure through Ghana Integrated Financial Management Information System (GIFMIS) in third party payments. The use of the GIFMIS system reduces manual/ cash payments which translates to transparency in financial matters handled by the Authority.
The Ghana Accountancy and Finance Awards is organized by the Strategic Accountancy Africa to recognize individuals and companies that play a significant role in the development of the accounting and finance sectors while recognizing the key functions within the industry that promote standards and excellent stewardship.