AUDITOR GENERAL FOR THE STATE

The overall responsibility is to provide independent, objective assurance and consulting services designed to add value and improve the Bank’s operations and shall include but not be limited to:
• Developing a flexible annual audit plan using appropriate risk-based methodology, including any risks or control concerns identified by management, and submit the plan to the President and Board audit committee for review and approval;
• Determining whether the Bank’s framework of risk management, control, and governance processes, as designed and implemented by management, is adequate and functioning by assessing the adequacy and effectiveness of the Bank’s processes for controlling its activities and managing its risks;
• Performing financial, operational, administrative and information technology audits, including without limitation, field verification of projects and programs financed by the Bank;
• Reviewing the systems of internal controls maintained by the Bank to safeguard its financial and physical assets, verifying the existence of related assets and making recommendations to correct any weaknesses;
• Reviewing the reliability, accuracy and integrity of significant financial and automated management information systems, ensuring that such systems employ essential controls which minimize the risk of unauthorized activity;
• Implementing the annual audit plan, as approved, including, as appropriate, any special tasks or assignments requested by the President and/or the Board; and, reporting periodically on the status and results of the annual audit plan as well as on the adequacy of the Office’s resources;
• Providing consulting, advisory and audit services, in accordance with the institute of internal auditors’ standards, to assist management in meeting its objectives;
• Evaluating and assessing significant new or changing services, processes, operations, and controls relating to their development and implementation;
• Liaising with the external auditors as appropriate, for the purpose of providing optimal audit coverage to the Bank;
• Reporting to management on significant issues related to the processes for controlling the activities of the Bank, including potential improvements to those processes;
• Maintaining an on-going system of monitoring the adequacy of the actions taken by management to implement internal and external audit recommendations and reporting on the status of implementation;
• Providing advice and assisting client departments on matters relating to internal controls;
• Implement a quality assurance program by which the Auditor General ensures that internal auditing processes and procedures are in accordance with the standards;
• Undertaking such actions as shall be necessary in furtherance of the above responsibilities that are consistent with the provisions of the Financial Regulations and in conformity with the Institute of Internal Auditors’ standards and pertinent bank policies.
• Upholding the responsibilities as stated in the constitution of the Federal Republic of Nigeria and other enabling laws;
• Developing and designing data collecting instrument for the Ministry, Departments and Agency.
• Issuance of State wide Audit circular
• Holds entry meeting with Accounting Officers before the commencement of Audit exercise.
• Audit of the account of Technical Colleges and Secondary Commercial Schools.
• Understand the business of Ministries, Departments and Agencies by evaluation.
• Ensures that essential records are maintained and the rules and procedures applied are sufficient to safeguard government property and funds.
• Submit report of Audited Financial Statements to the State House of Assembly.
• Obtain and Fixes Audit fees.
• Involved in the auditing of the State Government elements of activities of the Local Government.
• Ensure the circulation of its audited reports to all agencies of Government.
• Contribute to development of Personnel to meet up professional standard.
• Regular interaction with Public Account committee of the State House of Assembly.
• Imposition of sanction /surcharge as may be required.
• Monitoring of Project being executed and engaging a special investigation as required.
• Carry out Compliance, Performance, Environmental Audit and any other as may be required.
• Giving Audit opinion on Accounts of the state.
• Recommendation of external Auditors and issuance of guidelines for Audit firms.
• Guard jealously its role as a “watchdog and not a blood hound” for Government.
• Play an advisory role to government and MDAs.
• Receive individual retiree files for certification of computation sheet.
• Engaged in regular research and development on audit activities. relates to State Government resources and Funding.