1 / 5

Presentation on the key priorities for external audit Stakeholder workshop Tunis, 3 November 2010

Presentation on the key priorities for external audit Stakeholder workshop Tunis, 3 November 2010. External audit and good financial governance. The role and mandates of Supreme Audit Institutions as external auditors of governments The enabling environment for effective external audit

wbeverly
Download Presentation

Presentation on the key priorities for external audit Stakeholder workshop Tunis, 3 November 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Presentation on the key priorities for external auditStakeholder workshopTunis, 3 November 2010

  2. External audit and good financial governance • The role and mandates of Supreme Audit Institutions as external auditors of governments • The enabling environment for effective external audit • Role of Parliament • Legislative frameworks and political will • African context - Judicial and Westminster systems of accountability

  3. External audit and good financial governance • INTOSAI and the developments in external auditing • Comprehensive framework for external audit • More focus on risk based auditing • Mexico declaration of independence

  4. Key prioritiesExternal matters Priorities for governments to improve effectiveness of SAIs: • Implementation of risk management practices • Adequate financial reporting framework • Coordination of functions • Accountability on SAIs • Independence of SAIs • Follow-up on SAIs reports • Public reporting

  5. Key prioritiesInternal functions of SAIs In seeking to become a model public sector organisation SAIs should focus on: • Communication and stakeholder management • Capacity building in order to achieve: • Better compliance with standards • More focus on performance audit • Keeping abreast with changes in outside environment • More emphasis on strategic and operational planning

More Related