(1) The Corporation shall keep books of accounts and proper records in relation to them in a form approved by the Auditor-General and in accordance with International Financial Reporting Standards.

(2) The financial year of the Corporation shall begin on the first day of January and end on the last day of December.

(3) The accounts, records and financial statements of the Corporation shall be audited by an independent external auditor appointed by the Auditor-General and published not later than 31st March of the ensuing year.

(4) The Auditor shall be engaged by the Auditor-General in accordance with the Public Procurement Act, 2003 (Act 663).

(5) The Auditor engaged shall not hold office for more than five consecutive years and may be reappointed only after a period of five years after the previous engagement.

(6) The Board shall furnish the Minister and the Bank of Ghana with copies of audited financial statements not later than 3lst March of the ensuing year.

(7) The Board shall publish the annual report and audited financial statements of the Corporation on its website and in at least two daily newspapers of national circulation not later than 3lst March of the ensuing year.