The World Bank has downgraded Ghana’s Audit Service performance rating from a “C” to a “D”, citing deficiencies in its independence according to global standards.
This change follows the assessment of the Supreme Audit Institution’s autonomy in the World Bank’s 2023 report on Governance Independence and Accountability.
Ghana’s independence score dropped to 6.5 out of 10, indicating moderate independence, a decline from the previous range of 8.0–8.5 in 2021.
While the Audit Service met expectations in several areas, there are identified areas for improvement.
In response, the World Bank suggests implementing standardized operating procedures, enhancing training and resource allocation, and fostering collaboration among stakeholders to bolster independence.
Furthermore, it underscores the importance of conducting all mandated audit types as per Ghanaian law to ensure transparency and effective use of public funds.
Additionally, to enhance understanding and resolution, spending managers are urged to conduct root-cause analyses of audit issues and ensure clear communication of findings.