Tag: Winter 2021

“Our world is changing—regional interconnectedness, digital transformation, renewed commitment to citizenry and pursuit of the Sustainable Development Goals (SDGs). The future is here.” The International Organization of Supreme Audit Institutions (INTOSAI) Capacity Building Committee published an enriching occasional paper, “The Future Relevant Value-Adding Auditor,” that highlights…

In these challenging times requiring innovative, flexible and forward-thinking solutions, the International Organization of Supreme Audit Institutions (INTOSAI) has proven, once again, it is a community that embraces opportunities provided by the digital realm. Since the onset of the COVID-19 pandemic, INTOSAI bodies have hosted more than 50 meetings online. Moreover, many reported…

The International Organization of Supreme Audit Institutions (INTOSAI) approved Guidance (GUID) 5250, “Guidance on the Audit of Public Debt,” at the November 2020 INTOSAI Governing Board meeting. With 19 votes affirming the endorsement version, GUID 5250…

Since its inception, the European Organization of Supreme Audit Institutions (EUROSAI) Information Technology (IT) Working Group (ITWG) has strived to provide a platform enabling European audit institutions to exchange good IT audit practices and effectively use IT in oversight work. To achieve this, the ITWG has…

The world is changing, and Supreme Audit Institutions (SAIs) are evolving. Over the last 20-30 years, SAIs—slowly and gradually—have been transforming working methods to better address external factors, such as changes in State and society. Identifying trends is a valuable undertaking that facilitates discussion, promotes idea exchange, and enhances global efforts. Motivated by…

Public authorities and government entities have already started developing and implementing Artificial Intelligence (AI) and Machine Learning (ML) algorithms to improve public services and reduce costs. While prospective gains are immense, this technology also presents new challenges and risks, such as…

The phenomenon of corruption is no longer a concept—it is an international crime crossing borders; undermining political stability and peace; devastating social, economic and political structures; obstructing development plans; destroying trust in governments; and emboldening terrorism. Such implications necessitate addressing corruption with more…