Students of St. John Bosco’s College of Education in Navrongo, in the Upper East Region owe the school a total of GH¢969,800.29.
This is according to the Report of the Auditor-General on the Public Accounts of Ghana: Colleges of Education and Pre-university Educational Institutions for the financial year ended 31 December 2022.
The report has as such, called on management of the school to institute effective strategies to help collect the amount owed.
“However, students’ debtors of St. John Bosco’s College of Education amounting to GH¢969,800.29 constituted the large portion of the total student debtors of GH¢2,074,668.06. We urged management of the respective schools to institute effective mechanisms to recover these debts.”
Meanwhile, the total indebtedness of students, staff and other entities to the institutions for the 2022 financial year was GH¢4,060,228.18. The institutions include some of the 43 Pre University Educational Institutions, and seven Colleges in the Upper East Region.
The audit report added that “Out of the 50 institutions 44 submitted their annual accounts and financial statements for validation before the statutory deadline of 28 February 2022.”
In accordance with provisions of Articles 187(2) of the 1992 Constitution of Ghana, the accounts and other related records of 875 Colleges of Education and Pre-University Educational Institutions for the financial year ended 31 December 2022 were audited by the Auditor General, Johnson Akuamoah Aseidu.
The audits were conducted in accordance with the International Standards of Supreme Audit Institutions (ISSAIs) and best practice considering that the Public Financial Management System of Ghana is regulated by relevant legislative and administrative guidelines such as the Public Financial Management Act, 2016 (Act 921), the Public Procurement Act, 2003 (Act 663), as amended, the Audit Service Act, 2000 (Act 584), and the Public Financial Management Regulations, 2019 (L.I. 2378).
Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana
