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The Ghana Audit Service is an independent government agency in Ghana that is responsible for carrying out the audits on the accounts of the Government, Regions as well as the activities of the Ministries, Departments, Agencies and Companies under the Government of Ghana. [1]
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 equities (from 37 companies) and 2 corporate bonds. [1] All types of securities can be listed.
ALW is symbol representing Aluworks Ltd. on the Ghana Stock Exchange. It was listed on the Stock Exchange on 29 November 2004. Its traded securities are ordinary shares of no par value. ALW has a total of one billion (1,000,000,000) authorised shares and 236,687,001 issued shares. As of 19 August 2014, its stated capital was GH¢31,650,000. [5]
The auditor-general of Ghana is the head of the Ghana Audit Service, a legislative branch agency re-established by the government of Ghana in 1992 through the 1992 Constitution of Ghana. [1] It was established as part of the Audit Service through Article 188 of the 1992 Constitution of Ghana as part of the Public Services of Ghana.
Institute of Chartered Accountants, Ghana is a member of two international bodies, the sub-regional ABWA or Association of Accountancy Bodies in West Africa, and the International Federation of Accountants (IFAC), the worldwide organization for the accountancy profession.