From Adanna Nnamani, Abuja
Legislators, economic experts and other professionals have described a book, “Risked Based Approach to Financial Auditing” by Akindele Dolamu, as one of the best published materials that would help fatten the knowledge and boost the operational capacity of accountants, auditors and other players in the business ecosystem.
The book launch, held in Abuja on Tuesday, was chaired by Ogun State former governor, Ibikunle Amosu, and reviewed by Vice Chancellor, Musa Fodio, ANAN University, Plateau State.
Chairman on the occasion, who was represented by Tolu Odebiyi hailed the author for condensing his over 30 years knowledge in business and economy in a book form to nourish readers’ minds and ultimately impact positively on the nation.
“A lot of people go through life having had the opportunity to gain all the knowledge, the experiences and exposure but they don’t have the opportunity to pen down some of their thoughts. As I am made to understand, this is not the first, this is about the third book he has written and this one is very apt because it is coming at a very critical time or stage of our country when there is scarcity of funds and the country is challenged at the moment and the formal way of auditing needs to now be prioritised because we don’t have the luxury of funds to be going around and just doing the normal auditing.
“So, there is need to work together to identify the high risks areas eitherin private or public organisations that auditors can focus on.”
Similarly, Prof. Fodio described the book as unique, knowledge packed and essential for all who are interested in leaning or teaching the basics or financial auditing.
“In fact, as an academic in the professorial level, this is the first time I am seeing a book really utilising a write up like this. Another very unique feature of the book is that you see some practical experience brought to bare. You can see some form of passion and originality in the way the author has written the book.
“You will see, therefore, that the man has really brought experience in the book it is not the type of book that you find anywhere in the world where someone just goes in and copy from here and there. It is, therefore, a book I am recommending to those teaching auditing…”