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The Role of Supreme Audit Institutions in Auditing Central Banks and Government Activities During Financial and Economic Crises

At the 25th International Congress of Supreme Audit Institutions (INCOSAI), delegates focused on a critical issue facing today’s public institutions: understanding the role Supreme Audit Institutions (SAIs) should play in auditing central banks and government activities during financial and economic crises.

Inside INTOSAI
Inside INTOSAI
EUROSAI Advances in Governance, Cooperation, and External Audit Improvement at its 64th Governing Board Meeting
June 24, 2025
National Climate Change Action by the Government of Israel – State Audit Reports

The global climate crisis poses significant threats including water scarcity, extreme weather events, and impacts on agriculture, food security and human health. Israel’s geographical location magnifies these risks as being a ‘Hot Spot’. Various governmental bodies, such as the Ministries of Finance, Environmental Protection, Energy, Transportation, Economy, Agriculture, Defense, the Israel Defense Forces (IDF), and the Planning Administration within the Ministry of Interior, have different responsibilities for addressing climate change. 

SAI Independence: Examining the Root of Contradiction in Israel

In a 1995 case against Israel’s State Comptroller, the Israeli Supreme Court stated in its ruling that the “Comptroller has no discretion as to whether it should commit itself to the task of preparing an opinion as required of it; it is a mandatory obligation,” and directed the Comptroller to render an opinion on the required subjects.
Nearly a quarter of a century later, the Comptroller’s office, the nation’s Supreme Audit Institution…