A government auditing body, the Internal Audit Agency yesterday February 20,2014 begin a three days new Pentana software for audit training process for mainly internal auditors at Quelu Farm outside Monrovia.
The process is intended to introduce new software in the auditing sectors that will build the capacity of internal auditors and increased a level of transparency within the various agencies and Ministries in the country.
The Pentana software program is the first of its kind in the history of auditing in Liberia but will support the internal auditors in carrying on their professional duties at with a high security feature attach to prevent people of tapping on it.
Speaking to the Director General, Mr. Paul C. Collins said the government will achieve a lot in using the Pentana software program to carry out internal audit as well as auditing at large, adding that this can make auditors to have transparent report.
According to Mr. Collins, the Pentana software package has been paid for by donors organization and will be use by the first selected ministries and agencies with a plan to carrying on decentralization in the 15 sub-division of Liberia by the end of 2018.
Mr. Collins explained that using the Pentana software as auditor will take us at the fourth front of modern audits strategies that is also more important to the procurement process and reduce corruption in many ways.
He stressed the need for software program in the areas of auditing be use like the newly package that will help to bring more professional internal auditors in the country, adding that we have more young people today in the auditing sectors.
The three days training of internal auditors of government in the newly software brought together over 50 participants as the first batch of targeted people.
Also speaking to the Sales Marketing Manager of Pentana and a facilitator, Mr. Jim Butler said the Pentana software has more advantages when use by auditors in the process of procurement and other procedure in auditing and providing report.
Mr. Butler explained that the software have modern package for auditing and allow auditors to easily give report, adding that there is no risk in term of its practicality due to high security standard.
He however stated that the software is a working tool that basically creates a vivid opportunity for auditors while providing audit report, stating that many people can use this to audit due to cost efficiency by the company.