Feature Articles

Corruption and Money Laundering: The Nexus, Way Forward
Post

Corruption and Money Laundering: The Nexus, Way Forward

Corruption and money laundering demoralize human development, international security and national economies. According to the World Bank and International Monetary Fund (IMF), corruption is the greatest hurdle to lifting millions of people from destitution. Money laundering invigorates corruption, as it does all profit-driven delinquencies. Corruption and money laundering are mutualistic...

Banking Oversight: Developing a Useful SAI Framework
Post

Banking Oversight: Developing a Useful SAI Framework

Corruption and financial fraud are very challenging issues within the banking system that can inflict irreparable harm to a nation’s development and growth. The potential widespread and destructive effects can reduce social capital and increase poverty, social injustice and class divisions. The banking system will continue to face these issues far into the future until successful counteraction initiatives are implemented...

Eradicating Corruption: Measuring, Monitoring SDG Progress
Post

Eradicating Corruption: Measuring, Monitoring SDG Progress

In September 2015, nearly all United Nations (UN) member countries committed to the 17 Sustainable Development Goals (SDGs)—global goals created to steer policy making and development funding until 2030. Each goal is comprised of targets, and each target is further refined through one or two indicators designed to measure progress. Though global targets and indicators have been established for each goal...

Visual Stories that Transform Audit Speak into Engaging, Understandable Reports
Post

Visual Stories that Transform Audit Speak into Engaging, Understandable Reports

Auditors love words! Having served as an auditor for more than 10 years, it seems that words tend to be a source of comfort and confidence, and we, as auditors, rely on words when attempting to get our message across to readers. At the same time, we realize those reading our reports are probably suffering from information overload and are...

Inform, Consult, Involve, Collaborate, Empower
Post

Inform, Consult, Involve, Collaborate, Empower

Supreme Audit Institutions (SAIs) play a pivotal role in holding governments accountable for the use of public funds. At the forefront of good governance, SAIs can significantly add value and benefits to the lives of citizens. This article explores SAI stakeholder engagement and presents findings from an international survey...

Improving Environmental Performance Audits, Cultivating Sustainability
Post

Improving Environmental Performance Audits, Cultivating Sustainability

Since 2005, the Office of the State Audit Office (SAO) of the Kingdom of Thailand, the nation's Supreme Audit Institution (SAI), has been responsible for initiating environmental audits, and the SAO gives precedence to environmental issues involving sustainable development. This article depicts the SAO’s three-phase approach in carrying out environmental performance audits and cultivating...