Writing By Khadijah Aliyu; Editing By Godwin Duru
The Kano State Accountant-General’s Office has submitted the draft financial statements for the 2025 fiscal year to the Office of the Auditor-General for statutory review, in a move aimed at strengthening transparency and accountability in public financial management.
The submission marks a significant milestone in the state’s financial reporting process and reflects compliance with legal and regulatory requirements governing public sector financial administration.
The draft financial statements provide a comprehensive account of government revenues, expenditures, assets, and liabilities for the fiscal year and will form the basis for an independent audit by the Auditor-General’s office.
Speaking during the submission, the Accountant-General of Kano State, Jamila Magaji said the exercise demonstrates the government’s commitment to fiscal discipline, transparency, and compliance with International Public Sector Accounting Standards (IPSAS).
According to her, maintaining accurate and transparent financial records remains critical to promoting accountability and aligning public financial management practices with global standards.
She noted that the transmission of the financial statements to the Auditor-General further underscores the administration’s resolve to strengthen institutional accountability and build public confidence in governance.
The statutory audit, she explained, is expected to verify the accuracy of the financial records, identify possible gaps, and provide recommendations aimed at improving efficiency in the management and utilization of public resources.
The initiative also aligns with Kano State Government’s broader reforms targeted at reinforcing internal control systems, enhancing accountability mechanisms, and ensuring prudent management of public funds.
Upon completion of the audit process, the finalized financial statements are expected to be forwarded to the Kano State House of Assembly for legislative scrutiny before being made publicly accessible.
In his remarks, the Auditor-General of Kano State, Alhaji Rabiu Yusuf, commended the timely submission of the draft report, describing it as a positive step toward responsible financial management and transparency in governance.
He added that the audited report would subsequently be submitted to the State House of Assembly for oversight and thereafter released to the public.
KHADIJAH ALIYU
