• About
  • Advertise
  • Privacy & Policy
  • Contact
Latest News In Liberia  | Legacy News
Advertisement
No Result
View All Result
No Result
View All Result
Latest News In Liberia  | Legacy News
No Result
View All Result
Home News

House Invites GAC to Conduct Full System and Financial Audit of Its Operations

Emmanuel S. Davies by Emmanuel S. Davies
November 5, 2025
in News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

By Emmanuel Nathaniel Davis

Monrovia, Liberia: The Plenary of the House of Representatives has invited the General Auditing Commission (GAC) to conduct a comprehensive system review and financial audit covering the period from January 2022 through December 2024.

The decision, reached during the House’s session on Thursday, October 16, 2025, was supported by a decisive majority of lawmakers in plenary.

This audit engagement is initiated under the mandate of the Auditor General as provided for in Section 2.1.3 of the GAC Act of 2014. The process will begin with a System Review, which is a limited assurance engagement designed to assess the Financial Management System and processes of the House of Representatives.

This initial review will evaluate areas including administration such as personnel management, maintenance, and payroll; financial management encompassing accounting policy, budgeting, and financial reporting; procurement practices; liabilities and receivable management; internal control systems and the internal audit function; asset management with a focus on a reliable asset register; banking transactions including reconciliations and record keeping.
It will also focus on specific required reconciliations between the House of Representatives and the Ministry of Finance and Development Planning, as well as donor expenditures.

To ensure robust legislative oversight throughout this multi-phase process, the GAC will collaborate closely with the House’s joint committees on Public Accounts and Ways, Means, and Finance.

Following the decision, House Speaker Ricard N. Koon urged all members of the House to fully cooperate with the auditors.
He emphasized that the initiative is critical for ensuring transparency and accountability in the government’s financial operations, reinforcing public trust in the institution’s fiscal governance.

Lawmakers Push:
Scores of lawmakers, including Nimba County Representative Musa Bility have pushed for a comprehensive audit of the House of Representatives. In a letter dated June 18, 2025, Bang County District #1 Representative Prince K. Koinah formally petitioned the Speaker of the 53rd House of Representatives, Richard Nagbe Koon, to authorize a comprehensive audit of the legislature’s internal operations. The lawmaker argued that as custodians of the public trust, the House must lead by example.

The lawmaker outlined clear objectives for the engagement, which would be conducted by the General Auditing Commission (GAC). The primary purpose is to ensure that the House of Representatives operates in accordance with relevant rules, procedures, and laws, and that it functions both effectively and efficiently.

Emmanuel S. Davies

Emmanuel S. Davies

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
UBA’s  Paynesville Branch Links to Bad Labor Practice As Aggrieved Employee Allegedly Flogged By Assigned Security Officers On The Orders Of HR Officer- Arthurline Anderson, Threatens Legal Action.

UBA’s  Paynesville Branch Links to Bad Labor Practice As Aggrieved Employee Allegedly Flogged By Assigned Security Officers On The Orders Of HR Officer- Arthurline Anderson, Threatens Legal Action.

January 8, 2025
Speaker Koon Calls For Collective Efforts Among African Atlantic States To Address Pressing Issues Affecting Their Populations And Corridors

Speaker Koon Calls For Collective Efforts Among African Atlantic States To Address Pressing Issues Affecting Their Populations And Corridors

February 8, 2025
PROFILE OF: Honorable Speaker, Richard Nagbe Koon. House of Representatives 55th Legislature of the Republic of Liberia.

PROFILE OF: Honorable Speaker, Richard Nagbe Koon. House of Representatives 55th Legislature of the Republic of Liberia.

February 8, 2025
President Boakai Slams Critics, Says “Let Them Enjoy Themselves In Different Places & Talk On Face Facebook While I Work To Develop Liberia “

President Boakai Slams Critics, Says “Let Them Enjoy Themselves In Different Places & Talk On Face Facebook While I Work To Develop Liberia “

February 8, 2025

Bong: Youths turn plastic wastes into concrete blocks, tile

0
Senate Security Terminate Holding Of Political Rally At The Legislature, Admist Boakai-Koung Endorsement

Senate Security Terminate Holding Of Political Rally At The Legislature, Admist Boakai-Koung Endorsement

0
Garbage Takes Over Paynesville Due To Landfill Inaccessibility

Garbage Takes Over Paynesville Due To Landfill Inaccessibility

0

RETRAP Begins Weeklong Training at CARI

0
NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

March 11, 2026

Ministry of Commerce & Industry & Liberia Petroleum Refining Company (LPRC) Issue New Price Circular to Stabilise Fuel Costs Amid Global Petroleum Market Turbulence

March 4, 2026
South Sudan, Liberia Ink Deals to Boost Ties

South Sudan, Liberia Ink Deals to Boost Ties

March 4, 2026

Hope of Million Project Donates Over $200,000 Worth of Supplies to Schools and People Living with Disabilities in Liberia

March 2, 2026

Recent News

NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

March 11, 2026

Ministry of Commerce & Industry & Liberia Petroleum Refining Company (LPRC) Issue New Price Circular to Stabilise Fuel Costs Amid Global Petroleum Market Turbulence

March 4, 2026
South Sudan, Liberia Ink Deals to Boost Ties

South Sudan, Liberia Ink Deals to Boost Ties

March 4, 2026

Hope of Million Project Donates Over $200,000 Worth of Supplies to Schools and People Living with Disabilities in Liberia

March 2, 2026

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • African News
  • Agriculture
  • Apps
  • Arts
  • Bong
  • Business
  • Civic Engagement:
  • Climate
  • Community Outreach
  • County News
  • Crime
  • Development
  • Economy
  • Education
  • Education
  • Election
  • Entertainment
  • Executive
  • Fashion
  • Finance
  • Fishing
  • Fitness
  • Food
  • Football
  • Foreign Aid
  • Gadget
  • Gaming
  • Gender
  • Golf
  • Governance & Development
  • Government & Public Policy
  • Health
  • Human interest
  • Immigration & Naturalization
  • International Relations
  • Investment
  • Justice and Rule of Law
  • Kickball
  • Liberia Immigration Service
  • Lifestyle
  • Lofa
  • Margibi
  • Markets
  • Media
  • Mobile
  • Montserrado
  • Movie
  • Music
  • National News
  • News
  • News
  • Nimba
  • Olympics
  • Opinion
  • Politics
  • Public Sector Reforms
  • Relationships
  • Review
  • Science
  • Security
  • Sinoe
  • Sports
  • Startup
  • Tech
  • Tennis
  • Top News
  • Tourism
  • Trade
  • Travel
  • Tribute
  • Tribute
  • Wellness
  • Women
  • World

Recent News

NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

NACAHP Campaign Pushes for Women and Girls Protection Act in Liberia; Concludes Media Blitz to End FGM, Child Marriage

March 11, 2026

Ministry of Commerce & Industry & Liberia Petroleum Refining Company (LPRC) Issue New Price Circular to Stabilise Fuel Costs Amid Global Petroleum Market Turbulence

March 4, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.