Tag: real-time auditing

SAI Peru is expanding its concurrent control to all public procurement of goods, provision of services, and execution of public works over 10 million soles (approximately $2.45 million USD), in accordance with a new law passed by the Congress of the Republic. Concurrent control’s real-time, multidisciplinary oversight enables SAIs to…

In 2020, the Office of the Comptroller General of the Republic of Costa Rica, the country’s Supreme Audit Institution (SAI), designed a strategic audit approach to assess Bono Proteger, a government program that provides $100-200 USD cash payments, for up to three months, to…

Commission on Audit (COA) Chairperson Michael G. Aguinaldo shared the experiences of the Philippines’ Supreme Audit Institution (SAI) at the International Budget Partnership’s (IBP) online discussion, “Managing COVID Funds: A Global Scorecard of Accountability,” held on May 24, 2021. The discussion centered on…

As difficult as the COVID-19 pandemic has been, one of its gifts is the opportunity to reflect on progress made and prepare for the challenges that lie ahead. With staff that are experiencing the impact of the pandemic on a daily basis, leaders of Supreme Audit Institutions (SAIs) must first and foremost…

Recently, SAI Costa Rica has moved toward an innovative approach—the use of artificial intelligence (AI)—to auditing public procurement of goods and services. The SAI carried out two audits using AI in 2020 and plans to…

On April 7, 2021, the U.S. Government Accountability Office (GAO) held the first in a series of free international webinars to promote knowledge sharing and address emerging issues the INTOSAI community is facing during the pandemic. More information about the webinar series can be found here. The topic of the first webinar was the challenges and lessons learned in conducting real-time audits of COVID-19 activities. The webinar featured…