Arthur Fumbah

Audit and assurance , Tax advisory & compliance
Photo of Arthur Fumbah

Arthur is a Mason Fellow and holds an MPA Degree in Public Financial Management from Harvard University’s Kennedy School of Government. He is also a Chartered Accountant and member of the Institute of Chartered Accountants of Ghana, as well as a Chartered Tax Practitioner. Arthur has been in professional practice for over 25 years and has gained deep experience in both Liberia and Ghana.

Between 2008 and 2011, Arthur served as Deputy Minister for Expenditure and Debt Management at the Ministry of Finance, Republic of Liberia. Prior to serving in the public sector, Arthur was Manager for Audit and Taxation at VOSCON (Liberia), Baker Tilly Liberia’s predecessor firm. Arthur joined the firm at its inception in 1992 and, in 1996, was sponsored by the firm to study and qualify as Chartered Accountant in Ghana. He spent a number of years on secondment to Deloitte & Touche (Ghana), when VOSCON (Liberia) was associated with Deloitte. Arthur also obtained useful industry experience while in Ghana, serving as General Manager for Finance at the Margins Group of Companies for a period four years (2000-2003).

Arthur was involved in major public financial management reforms in Liberia including the Direct Deposit Scheme, automation of the budget execution process, development of the comprehensive Public Financial Management Law and the accompanying regulations, the comprehensive Chart of Accounts, the Internal Audit Strategy, the Debt Management Strategy and the adoption of the Cash Basis International Public Sector Accounting Standards.

Arthur is past President of the Liberian Institute of Certified Public Accountants (LICPA). He was Liberia’s representative on the Examination Harmonization Committee of the Accounting Technician Scheme for West Africa and the Committee of the Accountancy Bodies of West Africa (ABWA) responsible for the adoption of Internal Financial Reporting Standards and International Public Sector Accounting Standards.

Arthur has been an adjunct lecturer in accounting, auditing, taxation, financial management and public sector finance at the University of Liberia, Stella Maris Polytechnic, the Liberian Institute of Certified Public Accountants. By appointment of the President of Liberia, he has served as a Board Member of the Liberia Institute of Public Administration.