By: INTOSAI Journal

New resources are now available that Supreme Audit Institutions (SAIs) may find helpful when conducting audits using the extractive industries value chain, which describes the development process from discovery through extraction to lasting value creation for society. An important step in the value chain process is awarding contracts and licenses…

The National Audit Office (NAO) of Lithuania will host “Signals 2018” November 28, 2018, in Vilnius, Lithuania. “Signals 2018,” the NAO’s second sustainable development conference, will invite participants to consider two signals…

The Verkhovna Rada (Parliament) of Ukraine appointed Mr. Valeriy Patskan as Chairman of the Accounting Chamber of Ukraine March 15, 2018. Mr. Patskan was born in April 21, 1975, in the village of Zolotareve in the Khust District of Zakarpattia Oblast (Ukraine). In 1999, he graduated from…

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…

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…

The Republic of Tajikistan selected Mr. Chillazoda Karakhon to serve as Chariman of the Accounts Chamber. Nominated by the President of the Republic of Tajikistan, he was approved by Tajikistan’s Majlisi Namoyandagon of Majlisi Oli (Parliament) February 21, 2018. He was born…

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…

Thailand’s Auditor General’s office is now the State Audit Office (SAO) of the Kingdom of Thailand. General Chanathap Indamra was appointed as the President in September 2017 for a term of seven years. Mr. Prajuck Boonyoung was appointed as the Auditor General in February 2018, where he will serve a six-year term…

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…

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…

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…

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…

“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…

The Supreme Audit Institution (SAI) of Peru signed inter-institutional cooperation agreements with the SAIs of El Salvador and Guatemala in San Salvador, El Salvador, March 19, 2018. In an effort to strengthen joint capacities, the agreements aim to…

The State Audit Office (SAO) of the Kingdom of Thailand coordinated and hosted an International Organization of Supreme Audit Institutions (INTOSAI) Development Initiative (IDI) Blended Learning Specialist Certification event October 9-27, 2017. The program, conducted in cooperation with IDI…

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…

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…

The State Audit Office of the Kingdom of Thailand hosted the Seventh Seminar on Environmental Auditing in conjunction with the Asian Organization of Supreme Audit Institutions’ (ASOSAI) sixth Working Group on Environmental Audit (WGEA) meeting January 29-31, 2018, at Khao Yai National Park, Nakhon Ratchasima, Thailand. Fifty-seven participants from 24 ASOSAI member-states…

The Supreme Audit Institution (SAI) of Peru celebrates the promulgation of the Law for Institutional Strengthening and the National Control System, recently approved by the Peruvian parliament. This law aims to increase transparency, as well as modernize and strengthen…

The Accounts Committee for Control over Execution of the Republic of Kazakhstan’s Republican Budget, the nation’s Supreme Audit Institution (SAI), hosted a joint meeting with the National Audit Office of the People’s Republic of China (CNAO) and the Chamber of Accounts of the Kyrgyz Republic (Kyrgyz Republic SAI) in Astana, Kazakhstan, to discuss results of the parallel performance audit on health care…

The United Arab Emirates (UAE) State Audit Institution led the Financial Audit and Accounting Subcommittee meeting in Paro, Kingdom of Bhutan. Dr. Harib Saeed Al Amimi, President of UAE’s State Audit Institution and INTOSAI Chairman hosted Ms. Tytti Yli-Viikari, Auditor General of Finland’s NAO, to discuss…

Capacity building is critical for all dynamic organizations, both public and private. Training, an essential tool to systematically build capacity, also helps achieve desired organizational objectives. Public sector training programs are generally funded through national budgetary allocations and tend to be subject to audit by Supreme Audit Institutions (SAIs), the nature of which is determined by…