Author: INTOSAI Journal

Malta’s SAI Unveils #AuditSmart
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Malta’s SAI Unveils #AuditSmart

The International Organization of Supreme Audit Institutions (INTOSAI) Development Initiative (IDI) recently launched the Supreme Audit Institution (SAI) Young Leaders (SYL) program geared toward enabling the growth of young leaders and spurring them to contribute toward SAI development through specific initiatives. As part of the SYL program...

Applying Lessons Learned to Increase Integrity, Transparency
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Applying Lessons Learned to Increase Integrity, Transparency

In 2016, Korea spent approximately 25 trillion won on Social Overhead Capital (SOC), which equates to roughly 15% of the central government’s budget. The SOC is defined as 46 specified infrastructure projects—roads, railroads, harbors, dams and schools. These projects, major sources of financial burdens to administrative agencies, have demonstrated, through several studies, overestimated demand forecasts and underestimated costs...

Capitalizing on Standards, Knowledge Sharing to Audit Disaster Recovery Efforts
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Capitalizing on Standards, Knowledge Sharing to Audit Disaster Recovery Efforts

In 2016, a 7.8 magnitude earthquake rocked the Ecuadorian coast, constituting one of the most catastrophic tragedies in the history of the country. The quake left 663 people dead, 6,274 injured, 80,000 people displaced, great damage to infrastructure and more than 2,300 aftershocks in the following months. Consequently, reparation measures cost approximately 3,344 USD million, challenging the response capacity of numerous public institutions, including the Office of the Comptroller General of the Republic of Ecuador...

CTPC Assesses Citizen Engagement Impact
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CTPC Assesses Citizen Engagement Impact

The Commission for Citizen Engagement (CTPC), an Organization for Latin American and Caribbean Supreme Audit Institutions (OLACEFS) committee, recently released the “Assessment of the Implementation of Impact Indicators for Good Practices in Citizen Engagement of CTPC Members” report. The report’s study...

Motivating, Equipping SAIs to Carry Out Peer Reviews
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Motivating, Equipping SAIs to Carry Out Peer Reviews

"Peer Reviews Uniting the World of INTOSAI." The slogan on the 2018 Peer Review Conference opening slide was bold and gutsy, but the symbolism was fulfilled—the conference attendance by almost one hundred participants from 47 INTOSAI member organizations and some twenty participants from the host Supreme Audit Institution (SAI) served as proof...

Changes Need a Person Behind Them
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Changes Need a Person Behind Them

State resources are limited, so desiring more than necessities may become threatening. By our nature, we are more likely to see only the positive sides to our expectations. Rarely do we think our fulfilled dreams come with a price paid by someone else...

Professional Standards Committee Steering Committee Meets in Luxembourg
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Professional Standards Committee Steering Committee Meets in Luxembourg

The European Court of Auditors hosted the 15th annual meeting of the International Organization of Supreme Audit Institution’s (INTOSAI) Professional Standards Committee Steering Committee (PSC-SC) in Luxembourg in May 2018. To make the event participative and equip the PSC-SC to effectively fulfill its strategic role to guide the INTOSAI standard-setting process, the annual meeting...