Mr. Winsley S. Nanka, is a certified public accountant and a certified fraud examiner, with many years of experience in both the United States and Liberia in the private and public sectors. He has extensive experience in Government and non-profit auditing, corporate accounting and financial management systems and controls. He is also very knowledgeable of international auditing standards including International Standards of Supreme Audit Institutions (ISSAISs) and US Generally Accepted Auditing Standards (GAAS).
He has experience with the Governmental Accounting Standards Board (GASB 34) and the United States’ Generally Accepted Accounting Principles (GAAP). Mr. Nanka has a deep understanding of the inner workings of Supreme Audit Institutions (SAIs) especially the Organization of Supreme Audit institutions English Speaking Countries (AFROSAI_E).
He participated extensively in Liberia’s post-war public financial management initiatives including working with Liberia’s international partners and the Ministry of Finance to adopt International Public Sector Accounting Standards (IPSAS 2), the implementation of the Integrated Financial Management System (IFMIS) and the Charts of Accounts of the Government of Liberia among others. He also has a very deep understanding of the role accountability and transparency play in governance framework.
He worked in the United States as an accountant with Robert Half International, the University of Pennsylvania Health System and as a Senior Associate, Terry Collier and Associates, P.C a Pittsburgh based public accounting firm before he was recruited by the then internationally recruited Governance and Economic Management Assistance Program’s ( GEMAP) Comptroller of the Liberia Petroleum Refining Company (LPRC) to serve as a possible replacement to the GEMAP Comptroller upon the expiration of the Comptroller’s two-year tenure. Mr. Nanka worked briefly with Liberia Petroleum Refining Company prior his appointment as Deputy Auditor General for Audit Services by President Ellen Johnson-Sirleaf in 2008.
Mr. Nanka, as the Deputy Auditor General, has played a significant role in the rebuilding of the General Auditing Commission, on the basis of Chapter 53 of the Executive Law of 1972; 1977 LIMA Declarations, 2007 MEXICO Declarations and INTOSAI Standards.
He assisted in getting USAID’s provisional approval for GAC to audit U.S. Government funds and projects. He was part of the team that oversaw HIPC audits for two successive years of five Ministries selected by the Government of Liberia and its international partners, as a trigger to reach Heavily Indebted Poor Countries (HIPC) Completion Point. These efforts led to bilateral and multilateral agreements with partners to waive over $4 billion USD of Liberia’s debt.
Mr. Nanka acted twice as Acting Auditor General, Republic of Liberia April 2011 –September 2012 and July 2013, September 2013 assuming the strategic direction of the GAC, when the post became vacant on two occasions.
Mr. Nanka holds a BBA degree in Accounting with minor in Economics from the University of Liberia, an MBA concentration in Finance from Eastern University and a Master of Science Degree in Accounting from Widener University both in Pennsylvania, United States of America.
Mr. Nanka also holds certificates/diplomas in various management trainings, workshops and seminars and has also participated in conferences including:
- International Public Sector Accounting Standards (IPSAS), Financial Statements Fraud and Governance, Durban, South Africa, October 2013.
- XXI INCOSAI Congress, Beijing, China, October 2013.
- Developing Executive Leadership, American Management Association, (AMA), New York, U.S.A, April 2013;
- China-African International Audit Seminar Beijing, China October, 2011;
- IMF/EAST AFRITAC and World Bank Workshop on Integrated Financial Management Systems Mombasa, Kenya February 2010
- Debt management and Public Finance Management Systems Dubai, United Arab Emirates, November 2009;
- INTOISAI Management Development Initiative “Leading” a SAI Workshop, Gordon’s Bay/Cape Town South Africa October 2009;
- Introduction to INTOSAI Financial Audit Guidelines (ISSAI 1000-2999) Monrovia, Liberia May 2009;
- World Bank sponsored Integrated Financial Management Systems study tours of IFMIS systems in Uganda and Gambia February and May 2009;
- China-African International Audit Seminar Beijing, China September 2008;
- ACCPAC Accounting System Certified Service Provider Training Durban, South Africa October 2007;