The Controller and Accountant – General’s Department is mandated by the Public Financial Management Act, 2016 (Act 921) to:
- Receive all Public and Trust monies payable into the Consolidated Fund (done through its staff stationed in all government departments including the revenue collecting ones).
- Provide secure custody of Public and Trust monies with the support of the Ministry of Finance and Bank of Ghana.
- Make disbursements on behalf of the Government. This includes the payment of monthly salaries to government employees in active service; pension gratuity and monthly pension payment to those on retirement; and releases of funds to prosecute government projects and development throughout the country.
- Establish, on behalf of the government, such accounts with the Bank of Ghana and its agents for the deposit of Public and Trust monies.
- Be solely responsible for the opening of bank accounts for any government department.
- Keep, prepare, render and publish Financial Statements on the Consolidated Fund of Ghana both monthly and annually, not later than three months after the end of the financial year. The Auditor-General is furnished with the necessary financial statements for his scrutiny and onward transmission to parliament and eventual gazetting.
- Approve accounting instructions for Government Departments.
- Promote the development of efficient accounting systems in all Government Departments.