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The Lagos State Government, through the Office of the State Auditor-General, has organised a Three-Day Training on International Public Sector Accounting Standards (IPSAS) for Auditors, which commenced on Wednesday at the State Treasury Office’s Resource Centre, CBD Alausa, Ikeja.   The Acting State Auditor-General, Mr. Adewuyi Moshood Adewale, while declaring the workshop opened, reiterated the importance of International Public Sector Accounting Standards to the Auditors in …

YEAR-2021-LASG-IPSAS-FINANCIAL-STATEMENTS-FINAL-CombinedDownload

The Permanent Secretary, Office of the State Auditor-General, Mr. Adeniji Salami, has meritoriously retired from the civil service after attaining the 35 years benchmark. Speaking recently at the event put together to commemorate his retirement in Alausa, Ikeja, Lagos State Head of Service, Mr. Hakeem Muri-Okunola, described the former Permanent Secretary/Auditor-General as an inventive pacesetter. The Head of Service, who was represented …

The Office of the State Auditor-General (OSAG) has released the schedule for the year 2021 Audit Completion and Exit Meetings following the conclusion of statutory audit inspection of accounts and records of the State’s Ministries, Departments and Agencies (MDAs) and the periodic checks on its Parastatals for the year 2021. The Auditor-General, Lagos State, Mr. Salami Sikiru Adeniji, said that the Year …

Lagos State Head of Service, Mr. Hakeem Muri-Okunola (5th left); Chairman, Audit Service Commission, Mrs. Oluwatoyin Adegbuyi-Onikoyi (4th left); Permanent Secretary, Central Internal Audit, Mrs. O. O. Oduguwa (3rd left); Permanent Secretary, Ministry of Wealth Creation, Mrs. K. O. Ajenifuja (2nd left);  Commissioner I, Audit Service Commission, Mrs. Jokotola Ogundimu Ojosipe (1st left); Author and Auditor-General, Lagos State, Mrs. Helen Morenike Deile (4th right); Her husband, …

… Tasks Inductees to Seek Requisite Knowledge The Lagos State Auditor-General, Mrs. H.M Deile, over the weekend, applauded the Chartered Institute of Taxation of Nigeria (CITN), for keeping faith in its human capital development agenda to support the country’s ailing economy. Deile, who gave the commendation in her address at the 44th induction ceremony of new inductees of the CITN, held at …

The State Auditor General, Mrs. H. M. Deile and Accountant General, Dr. Muritala Abiodun, during the signing of the Lagos State Audited Financial Statements for the Year 2020. The Auditor-General Lagos State, Mrs. H. M. Deile and Accountant-General, Lagos State, Dr. Muritala Abiodun Sefiu, have signed the year 2020 Lagos State Government Audited Financial Statements. Speaking at the brief signing ceremony held at the Conference Room, Office of the …

2019 IPSAS FINANCIAL STATEMENT

Lagos State Government Financial Statements For the year ended 31 December  2017 Statement of Changes in Net Assets Accumulated surplus Available for sale reserve Total reserve  ₦’000  ₦’000  ₦’000 Balance at 1 January 2017       1,381,465,775          76,733,407       1,458,199,182 Actuarial Gains/(Losses)                (4,728,169)                               –                (4,728,169) Change in Fair Value Available-for -sale Financial Assets                                 –                 (539,205) …

Lagos State Government Financial Statements For the year ended 31st December  2016 Statement of financial position 31-Dec 2016 1-Jan 2016 Notes N’000 N’000 ASSETS Current Assets Cash and Cash Equivalents 14 37,464,041 26,727,210 Receivables 15 3,120,442 3,110,244 Total Current Assets 40,584,483 29,837,455 Non-Current Assets Investments 16 76,733,406 31,119,819 Other Financial Assets 17 108,345,018 120,470,302 Property, Plant & Equipment 18 1,678,259,517 …