- Responsible for the preparation of financial statements and final accounts
- Computation process of final accounts
- Custody of financial records received from MDAs
- Financial management of World Bank projects
- Capture and document World Bank financial transactions
- Overseeing the integrated financial information system (IFMIS) operation
The Final Accounts Department is charged with the main responsibility of preparing financial reports of the State. It is perhaps the most critical function of the state Accountant General. Traditionally, the department is responsible for the collection, collation, and analysis of the financial data in the State to generate monthly, quarterly, and yearly financial reports of the State. SPARC's PFM collaborated reform effort with the Ministry, which has resulted in the introduction of the Integrated Financial Management Information System (IFMIS) to enhance the accuracy and timeliness of the reports generated in this department. The department relies on monthly returns of financial transactions from all MDAs to generate monthly financial reports for the State.
The department also provides personnel for co-arrangement of all World Bank (WB) projects in the State. It is one of the WB practices to involve benefiting States in the financial management of their project. A project account is appointed within the department for each project. He/she prepares payment vouchers, financial reports, and the quarterly Financial Monitoring Report (FMR) and ensures that financial transactions on such a project are captured and reported regularly. He/she ensures that all financial transactions on the project pass through the right channel and that proper records are kept. All WB project accounts are managed through the Project Implementation Unit (PIU) of the department. Some of the current World Bank Projects in the state are the HIV project, the Fadama III project, the SLOGOR project, and NIPEP/GPE.
Haruna Muhammad Dundu – Director of Final Accounts