In August 2021, Dr. Edwin Humberto Salazar Jerez, Comptroller General of Accounts of the Republic of Guatemala, launched the National System of Governmental Internal Control (SINACIG), which aims to strengthen and streamline the internal controls of public institutions in accordance with international best practices. This system will...
July 24, 2020November 2, 2020Inside INTOSAI, Summer 2020
INTOSAI Subcommittee on Internal Control Standards Meets in Bucharest
The International Organization of Supreme Audit Institutions (INTOSAI) Subcommittee on Internal Control Standards met March 3-4, 2020, in Bucharest, Romania—just before the COVID-19 Pandemic affected participation in international events. Nearly 30 delegates representing Supreme Audit Institutions (SAIs) from all parts of the world participated in the two-day event. Stakeholders in attendance included...
April 29, 2019January 27, 2021Feature Articles, Spring 2019
Detect Fraud, Improve Internal Control Using Popular Strategy, Performance Tool
Research suggests a principal cause of fraud to be a weak, limited internal control system.An internal control system aims to (1) comply with legal, technical and administrative order; (2) promote an entity’s efficiency and effectiveness; (3) guarantee information reliability and timeliness; and...