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Kericho County Assembly Sets the Bar High in Financial Reporting

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 13 December 2019.

On December 13, 2019, the Public Sector Accounting Standards Board (PSASB) recognized Kericho County Assembly as the best in the county assemblies' category during the Financial Reporting Awards.

PSASB Chief Executive Officer Fredrick Riaga commended Kericho County Assembly for its commitment to sound financial reporting, urging other devolved units to follow suit.

"Kericho County got a clean audit report on their 2018/2019 financial statement from the Office of the Auditor General. Similarly, upon evaluation for the Financial Reporting Award by our team of experts the assembly also topped in its category," he said.

According to Riaga, the clean audit status achieved by Kericho County Assembly is a clear indication of the value of effective financial reporting in promoting devolution in the larger public finance management reforms.

Kericho County Assembly Speaker Dominic Rono revealed that other counties were keen to know how the clean audit status was achieved.

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