Accountant-general of the federation is responsible for
Answer Details
The Accountant-General of the Federation is responsible for the compilation of the annual financial statement of the Federal Government of Nigeria.
The Accountant-General of the Federation is the chief accounting officer of the Nigerian government and is responsible for overseeing the financial management of the country's resources. One of the key duties of the Accountant-General is to prepare and present the annual financial statements of the Federal Government to the National Assembly. These financial statements provide a comprehensive report on the financial performance of the government over the course of the fiscal year.
Additionally, the Accountant-General is responsible for managing the financial operations of the federal ministries, departments, and agencies, ensuring compliance with financial regulations, and promoting accountability and transparency in government financial management. However, it is not the responsibility of the Accountant-General to supervise auditing personnel or to interpret rules and regulations affecting the private sector.
Overall, the Accountant-General of the Federation plays a critical role in ensuring that the financial resources of Nigeria are managed in a responsible and effective manner, and that the government remains accountable to its citizens for its financial performance.