The Ghana Football Association (GFA) has announced the successful conclusion of the FIFA Central Review for the accounting period spanning from January 1, 2022, to December 31, 2022.
This marks the fourth consecutive positive review for the GFA under the leadership of Kurt Okraku, who assumed office in 2019.
The successful FIFA Audit is crucial for the Association’s developmental plans, as a failure to pass the audit would lead to repercussions from FIFA, including the withholding of project funds, programs, and FIFA Forward allocations.
PwC conducted this year’s FIFA Central Review. It should be noted that the GFA also underwent a Statutory Audit, as required by Ghanaian law, FIFA regulations, and the GFA Statutes.
The international audit firm BakerTilly Andah + Andah completed the audit for the period from July 1, 2021, to June 30, 2022, in December 2022.
The audit report has been submitted to FIFA and forms part of the documentation for the GFA Congress.
The completion of the Statutory Audit by BakerTilly Andah + Andah fulfills the requirements outlined in Article 67 of the GFA Statutes, which pertains to Independent and External Auditors.
“The independent and external auditors appointed by the Congress shall audit on a yearly basis the management accounts of the GFA in accordance with the appropriate principles of accounting and present a report to Congress”.
In line with the GFA accounting year, at the end of June 2023, the GFA Accounts for the period July 1, 2022, to June 30, 2023, will be prepared and the statutory audit conducted with a copy going to FIFA on or before December 31, 2023.