Regulation C/REG.27/12/06 Relating to the Re-Organisation of the Office of the Financial Controller of the Community Institutions


Economic Community of West African States

Regulation C/REG.27/12/06 Relating to the Re-Organisation of the Office of the Financial Controller of the Community Institutions

The Council of Ministers,MINDFUL of articles 10, 11 and 12 of the ECOWAS Treaty as amended in June 2006, establishing the Council of Ministers and defining its composition and functions;MINDFUL of the Decision A/DEC.4/12/2001 reinstating the post of the Financial Controller of the Community;MINDFUL of the provisions of the Financial Regulations and Manual of Accounting Procedures of the Institutions of the Community of 1989 as amended, establishing the functions of the Financial Controller;MINDFUL of the need to assist ECOWAS Institutions improve on budget management, funds control and institutional management thereby promoting transparency, accountability and probity in the overall management of the resources of the Community;ALSO CONSIDERING the need to separate the control functions from those of Internal Audit to ensure the independence and objectivity of Internal Auditors;DESIRING therefore to achieve the above stated objectives by re-organising this office and through such re-organisation, also strengthen the performance of their duty of the Financial Controller and ensure compliance of internal controls with ECOWAS Protocols, Supplementary Acts, Regulations, Decisions and Directives of the ECOWAS Authority of Heads of State and Government and the Council of Ministers;ON THE RECOMMENDATION of the Sixth Meeting of the Audit Committee which was held in Dakar from 16-17 October 2006;ENACTS

Article 1

The Financial Controller shall be responsible for all the financial control functions within Community Institutions.

Article 2

The Financial controller shall continue to report to the Council of Ministers and also avail the Administration and Finance Commission with information relating to the budget and financial status of the Community.

Article 3

The office of the Financial Controller shall be located at the Commission. The Financial Controller shall manage the budget of his/her office.

Article 4

The President of the Commission shall appoint staff of the office of the Financial Controller in accordance with the ECOWAS Staff Regulations, and this staff shall subsequently be appropriately deployed by the Financial Controller. The Staff shall report directly to the Financial Controller.

Article 5

The attached organisation chart indicating the structure for the Offices of the Financial Controller and the Internal Auditor is hereby adopted.

Article 6

This Regulation shall be published in the Official Journal of the Community by the Commission within thirty (30) days of its signature by the Chairman of the Council of Ministers. It shall also be published within the same time frame in the National Gazette of each Member State.
Done at Ouagadougou, this 19th day of December, 2006Hon. Aïchatou Mindaoudou,Chairperson, for the Council.
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