Tag: auditing in crisis

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Building Resilience in Times of Adversity

I was Vice President of the Brazilian Federal Court of Accounts (TCU) when COVID-19 broke out worldwide, posing extraordinary challenges to people and organizations. However, this was not the first time I had faced adversity. Having lived through difficult historical periods in Brazilian history, such as the years of military dictatorship, I have been…

IDI Launches Initiative to Help SAIs Strengthen Crisis and Risk Management

During the COVID-19 pandemic, outdated and ineffective crisis and management systems have exacerbated disruptions to the work of many Supreme Audit Institutions (SAIs), potentially undermining their ability to ensure accountability. Often, these systems do not take into account risks that have intensified during the pandemic, like limited human and financial resources, or emerging risks, like those that accompany digitization. In response to these challenges, INTOSAI Development Initiative (IDI) is…

Audit Innovation in Times of Crisis

“Auditors build trust, help shore up government resilience and are indispensable in the fabric of good governance.” Jeffrey Schlagenhauf, Deputy Secretary-General for the Organisation for Economic Co-operation and Development (OECD), opened the OECD Auditors Alliance virtual meeting on September 23, 2020, welcoming worldwide attendees in contributing to…

SAI Effectiveness, Resilience During Crises

The COVID-19 Pandemic has, more than ever, tested the resilience of both Supreme Audit Institutions (SAIs) and governments and has had multi-dimensional impacts on society. This situation has created a need for SAIs to…

SAIs a Necessity in Turbulent Times

Throughout the global financial crisis over the past few years, social and political instability has amplified the level of uncertainty associated with socio-economic processes. This uncertainty has led to a severe negative impact, particularly on emerging and transitioning nations, including Tajikistan. Tajikistan’s economy, like that of many developing countries, remains vulnerable to international financial and economic changes…