Tag: ARABOSAI

In the government procurement process, multiple bodies play a role in ensuring compliance and accountability before contracts are finalized. Government procurement oversight bodies such as ministries, authorities, and other specialized agencies are often tasked with the ex-ante audit or approval of public procurement contracts. They ensure that contracts align with legal requirements, financial thresholds, and tender specifications before they are signed. They often maintain a centralized contracts database, which holds records of procurement agreements from all government entities.

The threat of climate change looms large in today’s world of rapid global change, altering the social, economic, and environmental landscapes at a rate never seen before. As the effects of this global catastrophe become more obvious, it is critical that communities and organizations fully recognize, evaluate, and manage the risks involved. This thorough research uses real-world case studies and scenarios to provide a greater knowledge of this important topic as it investigates the key role that auditing plays in assessing the effect, risk, and resilience of entities in the face of climate change.

In recent years, the General Court of Audit (GCA), Saudi Arabia’s Supreme Audit Institution (SAI), has undertaken measures to bolster its framework, aiming to elevate its oversight capacity with a focus on objectivity, efficiency, and professionalism. Embracing a proactive stance, the GCA is committed to adapting to the swift evolution in financial auditing and performance oversight. GCA leveraged a modern technologies and methodologies to conduct audits with heightened effectiveness and quality, ensuring alignment with contemporary standards and practices. On the other hand, government agencies and ministries within the Kingdom of Saudi Arabia’s public sector have also undergone significant transformations in recent years. These efforts are aligned with the ambitious goals outlined in Vision 2030 of the Kingdom of Saudi Arabia, which aims to diversify the economy, enhance public sector efficiency, and promote sustainable development. 

In this era that witnesses rapid developments in technology fields and growing administrative challenges, there is an increasing need to modernise auditing systems to enhance transparency and efficiency in the management of public resources. For decades, the Kingdom of Saudi Arabia relied on a regulation of government warehouses that was adopted in 1983, which was, at the time, appropriate and effective according to the standards and requirements. This regulation, which was implemented under the supervision of the Ministry of Finance (MOF), provided a solid foundation for managing resources efficiently and effectively. In this context, the Supreme Audit Institution of the Kingdom (the General Court of Audit  (GCA)) played a pivotal role in pioneering digital transformation and modernising systems through active participation in restructuring and developing the regulations of government warehouses. The last of these regulations was issued in 2020, which came into effect following its communication with the government authorities, most notably the MOF on one hand, and higher authorities on the other. This process included introducing advanced automated systems, improving government procedures, and activating administrative governance in accordance with best practices, which contributed to significantly improving government operations and services.

The INTOSAI-P 50 document outlines twelve principles for the jurisdictional activities of Supreme Audit Institutions (SAIs) empowered with the corresponding mandate, which allows them to rule on the liability of individuals accountable by law in case of irregularities or mismanagement.

The financial statement audit, aims to provide confidence in financial statements for users’ decisions. Financial statement auditors give an independent opinion on whether financial statements are presented in accordance with the designated framework and accurately represent an entity’s financial position and activity outcomes. As organizations have developed and grown in size, so has the complexity of their operations, which have greatly influenced financial statement audit approaches. These developments do not erase the previous methods; instead, it builds upon them to make the audit process more efficient and effective.

Emerging technology has revolutionized the world, and has become a preferred ally for auditors, as its use can significantly help in improving the efficiency and effectiveness of their work. Governments and public sector organizations worldwide are embracing innovative technologies to modernize their auditing practices. These technologies include blockchain, artificial intelligence (AI), data analytics, etc. 

The Accountability State Authority of Egypt, Egypt’s Supreme Audit Institution (SAI), will host the XXV…

The Algerian Court of Accounts (COA) has recently concluded and implemented a number of cooperation programs, further demonstrating the COA commitment to effective partnerships.

Since January 2022, the Accountability State Authority of Egypt (ASA) participated in a number of meetings and events, contributing to knowledge sharing within the INTOSAI community, as well as the broader auditing community.

The Accountability State Authority (ASA) of Egypt, the country’s Supreme Audit Institution (SAI), participated virtually in the 42nd meeting of the Council of Ministers of the Common Market for Eastern and Southern Africa (COMESA) on November 9, 2021. The meeting was chaired by…

Anticipating that technology would transform the way governments conduct their business, the leadership of the United Arab Emirates (UAE) has aggressively promoted “e-government”—the use of information and communication technologies (ICT) to more effectively and efficiently deliver government services—for the past 20 years. This steadfast commitment to leveraging technology to improve governance has resulted in the transition from a paper-based to a digitally powered government. To stay relevant in the context of e-government, and to use technological advancements to improve the efficiency of its work, the Supreme Audit Institution (SAI) of the UAE…

From June through August 2021, the Accountability State Authority (ASA) of Egypt, the country’s Supreme Audit Institution (SAI), participated virtually in…

When the COVID-19 pandemic hit in March 2020, 22 Supreme Audit Institution (SAI) teams participating in INTOSAI Development Initiative’s (IDI) Strategy, Performance Measurement and Reporting (SPMR) initiative found themselves in a precarious situation. They had spent over a year assessing their performance and crafting a strategic plan, which seemed to be turned upside down in the face of…