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Kiambu County Accounts!!
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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freiks wrote:murchr wrote:I think the Auditor General is at fault here. The Kakamega and Kitui accounts have that South Sudan and Statehouse functions allocations in their audit reports yet they did not have them on their budgets I think Sonko was right when he said some guys tried to blackmail him so that they write a good report. This auditor report could be one big scam of our lifetime Even Madame Kirinyaga got that Phantom "state house affairs" allocation. Something is a miss here. Quote:A review of the statements of eight counties for financial year 2017-18 had suggested some devolved units had set aside funds for functions beyond their purview.They were Kitui, Kakamega, Garissa, Kirinyaga, Kwale, Lamu, Nyamira, and Samburu.
They allegedly made allocations for State House Affairs (Ifmis code 704000000) and Government Advisory Services (703000000). "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Lolest! wrote:Katambe katambe. Kamanda leta counter "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Kwisha maneno Quote:The National Treasury has vindicated Kiambu Governor Ferdinand Waititu on the ‘abnormal expenditures’ in the county.
There might have been a mix-up in budget, revenue and expenditure reporting, Treasury said on Monday But why isn't the IFMIS department closing this? County accountants should only see county based lines. Oracle is a very robust, flexible system Quote:She explained that the system is designed with budget codes which create standard chart of accounts for both national and county governments.
“The current standard chart of accounts was designed for national government and hence majority of the existing budget codes are national government aligned.
COMPLIANCE
“It is therefore possible that at the entry level some counties failed to describe their programmes and sub- programmes, hence during expenditure reporting the Ifmis would pick the mother programme code aligned to the national government creating an impression that the counties implemented national government programmes,” she explained. https://mobile.nation.co...tem-1-n1io2hz/index.html
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Rank: Member Joined: 3/19/2013 Posts: 344
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Okey so if they entered the wrong code in IFMIS, shouldn't they then come tell us what their intended code was and how they used the money if the money was withdrawn from their accounts?
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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Sansa wrote:Okey so if they entered the wrong code in IFMIS, shouldn't they then come tell us what their intended code was and how they used the money if the money was withdrawn from their accounts? This confusion is what supports their eating. Now who will be believing the Budget office, Auditor General and IFMIS in future. Poleni!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 3/19/2013 Posts: 344
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Angelica _ann wrote:Sansa wrote:Okey so if they entered the wrong code in IFMIS, shouldn't they then come tell us what their intended code was and how they used the money if the money was withdrawn from their accounts? This confusion is what supports their eating. Now who will be believing the Budget office, Auditor General and IFMIS in future. Poleni!!! Right!!! This is just a new way of bamboozling us.
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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[quote=Lolest!]Kwisha maneno Quote:The National Treasury has vindicated Kiambu Governor Ferdinand Waititu on the ‘abnormal expenditures’ in the county.
There might have been a mix-up in budget, revenue and expenditure reporting, Treasury said on Monday But why isn't the IFMIS department closing this? County accountants should only see county based lines. Oracle is a very robust, flexible system Quote:She explained that the system is designed with budget codes which create standard chart of accounts for both national and county governments.
“The current standard chart of accounts was designed for national government and hence majority of the existing budget codes are national government aligned.
COMPLIANCE
“It is therefore possible that at the entry level some counties failed to describe their programmes and sub- programmes, hence during expenditure reporting the Ifmis would pick the mother programme code aligned to the national government creating an impression that the counties implemented national government programmes,” she explained. https://mobile.nation.co...em-1-n1io2hz/index.html[/quote] I thought division of functions between county govt and national govt is very clear. How can mother code be for national govt function but sub program code under it fall under county govt? And I thought it is very basic accounting to make entries for expenses correctly on ifmis. Either someone is hiding something, and/or ethics is a non issue in accounting profession
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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limanika wrote:[quote=Lolest!]Kwisha maneno Quote:The National Treasury has vindicated Kiambu Governor Ferdinand Waititu on the ‘abnormal expenditures’ in the county.
There might have been a mix-up in budget, revenue and expenditure reporting, Treasury said on Monday But why isn't the IFMIS department closing this? County accountants should only see county based lines. Oracle is a very robust, flexible system Quote:She explained that the system is designed with budget codes which create standard chart of accounts for both national and county governments.
“The current standard chart of accounts was designed for national government and hence majority of the existing budget codes are national government aligned.
COMPLIANCE
“It is therefore possible that at the entry level some counties failed to describe their programmes and sub- programmes, hence during expenditure reporting the Ifmis would pick the mother programme code aligned to the national government creating an impression that the counties implemented national government programmes,” she explained. https://mobile.nation.co...em-1-n1io2hz/index.html[/quote] I thought division of functions between county govt and national govt is very clear. How can mother code be for national govt function but sub program code under it fall under county govt? And I thought it is very basic accounting to make entries for expenses correctly on ifmis. Either someone is hiding something, and/or ethics is a non issue in accounting profession The ifmis this is very complicated even for those seasoned government accountants, leave alone the newbie county guys. As I wrote, this thing stinks but not from Waititu's corner.
60% Learning, 30% synthesizing, 10% Debating
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Thitifini wrote:limanika wrote:[quote=Lolest!]Kwisha maneno Quote:The National Treasury has vindicated Kiambu Governor Ferdinand Waititu on the ‘abnormal expenditures’ in the county.
There might have been a mix-up in budget, revenue and expenditure reporting, Treasury said on Monday But why isn't the IFMIS department closing this? County accountants should only see county based lines. Oracle is a very robust, flexible system Quote:She explained that the system is designed with budget codes which create standard chart of accounts for both national and county governments.
“The current standard chart of accounts was designed for national government and hence majority of the existing budget codes are national government aligned.
COMPLIANCE
“It is therefore possible that at the entry level some counties failed to describe their programmes and sub- programmes, hence during expenditure reporting the Ifmis would pick the mother programme code aligned to the national government creating an impression that the counties implemented national government programmes,” she explained. https://mobile.nation.co...em-1-n1io2hz/index.html[/quote] I thought division of functions between county govt and national govt is very clear. How can mother code be for national govt function but sub program code under it fall under county govt? And I thought it is very basic accounting to make entries for expenses correctly on ifmis. Either someone is hiding something, and/or ethics is a non issue in accounting profession The ifmis this is very complicated even for those seasoned government accountants, leave alone the newbie county guys. As I wrote, this thing stinks but not from Waititu's corner. Could be people from treasury siphoning funds and stuffing factitious item codes. This whole thing needs to be audited. And investigations carried out....nothing like careless mistakes "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Waititi deserves an apology. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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