In 2019, the fourth peer review of the National Audit Office of Lithuania (NAOL) will begin. The peer review team—European Court of Auditors (ECA) (team leader), Supreme Audit Office of Poland and National Audit Office (NAO) of the United Kingdom—will assess whether NAOL’s audit approach complies with International Standards of Supreme Audit Institutions (ISSAIs) and make recommendations for improvement.
The voluntary peer review, conducted following ISSAI 5600, will help the NAOL improve its audit activities and audit quality control system, thus enabling the institution to maximize public audit impact, contribute to positive change in the public sector, and increase cost-effective public service delivery.
The peer review will entail an assessment of selected performance, financial and compliance audits with the expected peer review report and recommendations to be delivered by the end of 2019.
The previous peer review exercise was conducted in 2014. The recommendations made by the peer review team—ECA, Finland’s NAO, and the Office of the Auditor General of Norway—served as incentives for institutional reforms that led to the NAOL’s current composition and constitution.