Q2 2023

Science and Technology in Audit
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Featured Articles

Pioneering Sustainable Technology Audit Practice in SAIs for Better Use of Technology by Governments: IDI’s LOTA Pioneers

Global technology trends are changing our world and the way we live. How can SAIs…

Machine Learning Application for SAIs

Supreme Audit Institutions (SAIs) are the cornerstone of maintaining accountability, transparency and effectiveness in the public sector, particularly in government operations. However, as technology evolves at breakneck speed, it is imperative that SAIs embrace cutting-edge data technologies, such as Machine Learning (ML), to revolutionize their auditing processes. With ML, SAIs can enhance efficiency, accuracy and effectiveness, providing a more comprehensive, data-driven analysis of government operations, thus ensuring the highest standards of accountability and trust.

Killer Robots – A Case for SAIs

Killer robots, also known as lethal autonomous weapon systems (LAWS), is not science fiction. They exist. Soon we can have AI-powered drone swarms where the drones themselves decide who to kill and what to attack. SAIs should play a role in keeping the development and use of such weapons under human control, in line with international law.

Evolution and Applications of Artificial Intelligence in SAIs

Over time, many definitions have been given to the term Artificial Intelligence (AI), and the association of the term with others, such as machine learning and deep learning, has resulted in difficulties for a better understanding of the topic.

Leveraging AI in Performance Auditing: A Feasibility Study for the State Audit Office of Thailand

The State Audit Office (SAO) of Thailand has embarked on a journey of digital transformation. The objective is to leverage AI to enhance audit performance and foster a data-driven culture within the organization. This initiative is in line with their audit policy, which emphasizes the importance of using advanced technologies in audit processes. This article focuses on the feasibility of incorporating the advanced language model, as generative AI like ChatGPT, in SAO’s performance audit.

SAI Albania Audit 5G Implementation

Albania is in a favorable geographic position to serve as a trade hub, tourist destination, and provider of financial and other services. The enhanced use of technology in manufacturing, infrastructure, and communications could give the country a competitive advantage in these fields. 

Data Science as a Catalyst for Audit Transformation

In the context of information society, digital transformation has led to an exponential growth in the production and storage of data, giving birth to what is known as data science, to address the need for new tools capable of smartly processing great volumes of data and transforming them into actionable information for decision-making in multiple environments.

BPK Big Data Analytics (BIDICS): From a Question that has No Answer

Big Data Analytics (BDA) has increased significantly in recent years. BDA is frequently used to represent immense amounts of data, so users can analyze it more efficiently and make judgements in audit process (Saggi and Jain 2018). Consequently, the worldwide auditing community has formed to mobilize the use of BDA in auditing (Appelbaum, Kogan, and Vasarhelyi 2017). 

Special Contribution

Technology is Advancing Every Day, We Think Oversight Should Too!

The Government Accountability Office—the United States Supreme Audit Institution—established its Innovation Lab in 2019 as a research entity dedicated to exploration and experimentation of data science techniques and emerging technologies. The goal is to amplify GAO’s oversight capabilities across the evolving web 3.0 landscape. The INTOSAI Journal recently joined the Lab for a tour of the facility at GAO headquarters where an entrepreneurial team of data scientists, technologists, and analysts come together collaboratively across a portfolio of novel projects ranging from deployment of large language models to use of extended reality.

The Australian National Audit Office and the Australian Capital Territory Audit Office host the International Meeting of Performance Audit Critical Thinkers (IMPACT) Conference

The International Meeting of Performance Audit Critical Thinkers (IMPACT) Conference, an initiative of the Australasian…

GAO Launched First-Ever Virtual International Fellowship Program in 2022

After 40 years of conducting its International Auditor Fellowship Program (fellows program) in-person, the U.S….

The Use of Artificial Intelligence (AI) in the Execution of Audits

In the light of the world’s developments in information technology, the term Artificial Intelligence (AI) has been traded in discussions often in recent times. It is considered a modern field that attracts the attention of all societies, which is constantly evolving, and it is expected to play a crucial role in humanity’s future. Utilizing AI systems and modern information technology is key for the future of data processing in auditing to complete the audit work efficiently and effectively.

Supreme Audit Institutions and Applying the Value Creation Concept for Taxpayers in a Digital Era

In the digital era, the one of the main challenges of public sector auditing is responding to digital disruption. Hence, several Supreme Audit Institutions (SAIs) have attempted to move from a traditional to a modern approach, which is steered by digital technology.