MAIN CONTENTS

1. CHALLENGES OF SUPREME AUDIT INSTITUTES ON ENSURING THE TRANSPARENCY AND ACCOUNTABILITY FOR THE MANAGEMENT OF PUBLIC EXPENDITURE Associate Professor, Dr. ĐoànXuânTiên Deputy Auditor General, State Audit Office of Vietnam

2. 1 2 3 Risks in public expenditure management Public expenditure trend of different countries MAIN CONTENTS The role and challenges of SAV in enhancing the transparency and accountability in public expenditure management

3. Part 1. Public expenditure trend of different countries Trend of expenditure increasing Country economic development Increasing the functions, duties of the State

4. Part 2. Risks in public expenditure management Risks Hinder development, not reaching the target Increase borrowing or raising new collections

5. Unreasonable increasing in costs, the lack of competitiveness Allocate resources inefficiently No strict control mechanisms Part 2. Risks in public expenditure management Hinder the development of the economy

6. Create sources in compensating increased expenditure Reduced the capability of investment Reduce savings of households Reduce accumulation of business Part 2. Risks in public expenditure management Increase borrowing or raising new collections

7. Part 3. The role and challenges of SAV in enhancing the transparency and accountability in public expenditure management 3.1.The role of SAV in enhancing the transparency and accountability in public expenditure management 3.2. The challenges of SAV in enhancing the transparency and accountability in public expenditure management

8. Important tool to help State manage and handle budgetary funds, cash and state property effectively. The role of SAV in enhancing the transparency and accountability in public expenditure management Support the management and expenditure control; is an important tool for coordination, coherence between fiscal and monetary policies; limit adverse impacts. Contribute to preventing risks and errors, improving efficiency in public spending when implementing the audit . Along the audit of public expenditure, audit of public debt to help the government obtain a comprehensive picture of revenue and expenditure, government debt, especially the contingency debts, thereby limiting the risk to the reserve obligations The role in publicizing audit results State Audit helps Government relieve responsibility to Parliament and the people

9. Choice of size, annual audit units and the medium-term plan The challenges of SAV in enhancing the transparency and accountability in public expenditure management Building up and development of human resources. Audit risk and ethics of auditors Enhance the effectiveness, efficiency and audit quality.

10. Implementation of performance audit step by step, greater attention to theme audit and pre audit; towards audit of economic responsibility Main solutions Enhancement of capacity, quality and development of auditors with high ethic, knowledge and skills matching to the requirements; improvement of the audit processes and standards Strengthen inspection and control of audit quality Strengthen, improve coordination with other agencies of the National Assembly, the Government ... And help to improve, enhance audit quality, effectiveness, efficiency Acquire the application of new audit methods, participate in transnational audit and strengthen the application of advanced methods, modernization and computerization of audit activity, consistent with the trend of development and integration

11. Thank you!