Tag: ASOSAI

Being one of the earth’s largest archipelagos, Indonesia’s territory consists largely of bodies of water, with coastal cities scattered across 17.000 islands. However, many of those islands might just disappear in the coming years. As early as 2005, Indonesia’s Marine and Fisheries Research Agency (KKP) reported that 24 islands the size of a football field had sunk.  The National Research and Innovation Agency (BRIN) has also shown that land subsidence in the coastline of Indonesia’s main island is happening at an unprecedented rate, ranging from 2 cm/year to an alarming 11 cm/year in certain parts, including its capital city and economic center, Jakarta. BRIN has forecasted as many as 115 islands will have sunk by the year 2100, 92 of which are caused by the rising sea levels. With most of its infrastructure located along the coastline, Indonesia suffers a higher risk of loss and damage. Thus, staying afloat has become one of our main concerns.

Climate change is one of the prevalent environmental issues that the world is facing nowadays. It is one of the greatest challenges faced by humanity, as it affects every country and has devastating effects on communities and individuals. Climate change is a significant shift on temperature, precipitation, and climate that leads to increasing sea level, warmer temperature, flood and also gradual changes on species and other organism habitat.

In the aftermath of the global pandemic, operational, financial, and strategic landscapes within audited entities have dramatically transformed. This shift necessitates Supreme Audit Institutions (SAIs) to revise their auditing methodologies and face novel challenges as they seek to assess the pandemic’s impact on audited agencies effectively.

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.

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). 

By operating the Audit Request System, BAI also strives to satisfy the need of citizens by rapidly resolving matters that disrupt the lives of the public.

The Office of the Auditor General of Nepal (OAGN) approved the Citizen Participation Audit (CPA) procedure in 2016. This procedure incorporates civil society partners into the audit process to provide primary sources of data or sector specific information and expertise.

BPK enhances the role of the community in public sector audits through three public information services, implemented by the PPID.

Through the proper mechanisms and implementation of integrity, transparency and accountability principles, the Corruption Eradication Commission of Indonesia, along with other oversight institutions, contribute to eradicating corruption in the public sector.

SAI Thailand utilizes the FAIR concept (flexibility, agility, information technology, and resilience) to confront the post-pandemic environment for public sector auditing.

The Uzbekistan Chamber of Accounts launched a special e-platform, named “State Audit”, which allows the Chamber of Accounts to track control activities of public funds through a centralized system.

In 2021, the Mongolian National Audit Office (MNAO) carried out major reforms to digitally transform its Electronic and Integrated Audit Management System. The MNAO developed a new web-portal, which provides virtual training, or e-learning accessibility for auditors.

The Chamber of Accounts of the Republic of Azerbaijan actively participates in strengthening external public financial control at the international level in close cooperation with foreign partners. In 2022, as part of these activities, the Chamber of Accounts expanded its international cooperation.

The Open Budget Index (OBI), developed by the International Budget Partnership (IBP), assessed the transparency of budget processes and the availability of budget information to the public. In the 2021 report, the Chamber of Accounts of Azerbaijan scored well in several categories.

The Office of the Auditor General (OAG) of Nepal has launched its much-anticipated Nepal Audit Management System (NAMS), as part of an effort to strengthen the OAG. NAMS is a software that streamlines the audit process in order to accurately identify and reduce risks, thereby saving time, space, and money. This new system marks…

Commission on Audit (COA) Assistant Commissioner Luzvi P. Chatto, head of SAI Philippines’ Administration Sector, was reappointed as member of the International Public Sector Accounting Standards Board (IPSASB) for the period of 2022 to 2024. Operating under the auspices of the International Federation of Accountants (IFAC), IPSASB works to…