The Minerals Income Investment Fund (MIIF) has reaffirmed its commitment to transparency, accountability, and operational excellence with a two-day internal training programme on the theme “Effectively Responding to Audit Queries.”
The training led by the Internal Audit Agency, forms part of MIIF’s institutional capacity-building framework and brought together staff across departments to deepen their understanding of audit processes and improve the quality and timeliness of responses to audit queries.
In her opening remarks, the Chief Executive Officer of MIIF, Mrs. Justina Nelson, underscored the importance of the training, noting that robust internal controls and sound audit practices are the backbone of every credible financial institution.
“Accountability is not merely a word to us at MIIF. It is part of our core values, the very currency of public trust,” Mrs. Nelson emphasized, adding that “every decision we make, every cedi we manage, and every process we undertake must meet the highest standards on behalf of the people of Ghana.”
Mrs. Nelson further noted that the Fund’s ability to respond to audit queries clearly, promptly, and accurately reflects not only its technical competence but also its culture of transparency and integrity.
She encouraged participants to actively engage in the training, share departmental experiences, and apply the lessons learned to strengthen MIIF’s institutional systems.
Mrs. Nelson commended the Internal Audit Department and facilitators of the training for their dedication and partnership in strengthening MIIF’s systems, noting that the Fund’s pursuit of excellence must remain uncompromising.
“The systems we strengthen here will not only make our work more efficient, they will make MIIF stronger, more credible, and better positioned to fulfill our mandate,” she said.
The acting Director, Technical, Research, Monitoring and Evaluation at the Internal Audit Agency, Mr Senanu Mensah, who led the training sessions, cautioned public servants to be deliberate and precise in their audit responses.
“In responding to audit queries, public servants must be guided by what they report, because they do not know where their responses will end up,” he noted.
Mr Mensah advised that; “It is therefore important that such responses are succinct and free of ambiguities to avoid misinterpretation or unintended consequences.”
The training, coordinated by MIIF’s Internal Audit Department in collaboration with the Internal Audit Agency, is expected to enhance staff capacity in documentation, reporting, and adherence to regulatory and procedural standards.
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