SALLY TIBBOT CONSULT MUST BE HELD ACCOUNTABLE FOR ALLEGED VIOLATIONS OF ACCOUNTING AND AUDITING STANDARDS
By Comrade Abdul-Jeleel Samakin, a Financial Analyst The audit report on Osun State covering the period 2018–2022, prepared by Sally Tibbot Consult, has generated significant public concern and professional debate. This matter transcends political considerations; it raises weighty regulatory and ethical questions that demand thorough and impartial scrutiny by the appropriate financial and auditing authorities. As the issue is whether the report complied with established accounting standards and whether it truly reflected a fair and accurate representation of the payroll and financial records it purported to examine. An audit, by definition, is an independent examination of financial statements conducted to enable the auditor express an opinion on whether those statements present a true and fair view in accordance with an applicable financial reporting framework, such as the International Financial Reporting Standards (IFRS). The strength and credibility of any audit depend ...