An evaluation of the committees in four selected government ministries in Namibia
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Date
2016
Authors
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Journal ISSN
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Publisher
University of Namibia
Abstract
This study evaluated audit committees in the government ministries in Namibia by
assessing their composition, function and regulations governing them. The study used the qualitative method. A purposive sampling method was used as the researcher selected ministries with audit committees. Thematic and content analysis was used in this study. The researcher used primary and secondary data. On primary data, interviews were conducted and recorded with a voice recorder. Secondary data were used to review the existing literature. The study found that from the 4 government ministries with audit committees, only one ministry consisted of independent members as well as an independent chairperson. The
other 3 ministries are chaired by members within their organisation. The 2 ministries are chaired by the Permanent Secretary and one by a medical doctor and 1 ministry is chaired by an outsider. This is contrary to the best practice, which requires that the chairperson of the audit committee should be an independent member as well as the members of the audit committee. The majority of the audit committee members should preferably be non-executive directors
Description
A thesis submitted in partial fulfilment of the requirements for the Degree of Master of Science in Accounting and Finance
Keywords
Audit committees, Government ministries, Namibia