User:Emmanuel E. Peterson

The first Liberian to be trained in Performance Audit in Liberia, headed the Performance Audit Department at the General Auditing Commission of Liberia and produced the first sets of Performance Audit reports is Emmanuel E. Peterson, CFE (http://www.acfe.com/cfe-membership.aspx); he is an educator,  career public auditing technician, public financial manager providing expert opinion on control frameworks, detection of system deficiency and how to mitigate the risks to improve the performance,transparency and accountability. He serves in the public financial management structure  with experience in fraud examination,financial audit, compliance audit and performance audit. He has vast experience in designing internal control consistent with the COSO (http://www.coso.org/) framework, development of procurement policy, conducting needs assessment for capacity and formulating strategic objectives to meet organizational goals. He also has experience in reconciliation audits of the extractive sector like tracking revenue payments from the oil and gas, mining, forestry and agriculture sectors applying the standards formulated by the Extractive Industries Transparency Initiative (EITI)-http://eiti.org/.

The performance audit report documented the poor management of the prison system and inefficient procedures used to recruit instructors at the University of Liberia. For more detail on the audits see link: http://www.gacliberia.com/doc/FINAL%20REPORT%20ON%20PERFORMANCE%20AUDIT.pdf; http://www.gacliberia.com/doc/UL%20PA%20%20FINAL.pdf

Liberia is also a country rich with natural resources, mismanagement of the resources serves as a recipe for conflicts. Reports from the extractive industry sectors revealed that more needs to be done to improve the tracking of revenue payments from the extractive sectors and how the concessions are awarded. See Link: http://www.scribd.com/doc/152662365/LEITI-4th-Reconciliation-Report; http://www.scribd.com/doc/151344593/LEITI-Post-Award-Process-Audit-Process-Report