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Originally published by Capital Business
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business
July 17, 2025
9mo ago

Institutions asked to comply with Auditor-General’s financial requirements

Institutions asked to comply with Auditor-General’s financial requirements

NAIROBI, Kenya, Jul 16 - The National Treasury has directed all Ministries, State Departments, and Agencies (MDAs) to thoroughly review their financial Kenya breaking news | Kenya news today |..

✨ Key Highlights

The National Treasury of Kenya has directed all Ministries, State Departments, and Agencies (MDAs) to ensure accuracy in their financial statements before submission to the Office of the Auditor-General (OAG) as part of the drive towards achieving a Zero Fault Audit status.

  • All draft financial statements must be reviewed by three oversight bodies.
  • Led by Principal Secretary Chris Kiptoo, the initiative aims to enhance transparency and accountability.
  • A virtual meeting on May 28, 2025 highlighted ongoing weaknesses in financial management that affect audit integrity.

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Part of the Day's Coverage

Kenya's Revenue Collection and Financial Oversight

Kenya Revenue Authority collects Sh3.6bn daily; institutions required to meet Auditor-General's financial standards.

Tougher measures help KRA collect Sh3.6bn daily from customs
Tougher measures help KRA collect Sh3.6bn daily from customs

Capital Business

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