Current Issue

Professional Pronouncements Framework Migration Underway
Post

Professional Pronouncements Framework Migration Underway

The International Organization of Supreme Audit Institutions (INTOSAI) established a new Framework for Professional Pronouncements (IFPP) in 2016 at the XXII INCOSAI. The IFPP aims to enhance the clarity and credibility of professional pronouncements and further the use and applicability of the International Standards of Supreme Audit Institutions (ISSAIs) as...

OLACEFS, IDI Host Coordinated Audit Conference on SDG5
Post

OLACEFS, IDI Host Coordinated Audit Conference on SDG5

The Organization of Latin American and Caribbean Supreme Audit Institutions (OLACEFS), with support from the International Organization of Supreme Audit Institutions (INTOSAI) Development Initiative (IDI), hosted a conference for the Coordinated Audit on SDG 5: Gender Equality. Participants in the April 2018 event in Buenos Aires, Argentina, included...

New Auditor General of Iceland Assumes Office
Post

New Auditor General of Iceland Assumes Office

Mr. Skuli Eggert Thordarson formally assumed office as the Auditor General of Iceland May 1st, 2018. Mr. Thordarson, was unanimously elected by Althingi, Iceland’s Parliament, will serve a six-year term.  He succeeds Mr. Sveinn Arason who retired April 30, 2018, after ten years of service. Prior to assuming his position as Auditor General...

Applying Lessons Learned to Increase Integrity, Transparency
Post

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...

Malta’s SAI Unveils #AuditSmart
Post

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...

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

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...