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External Audit: Role of GAO and the Supreme Audit Institution Community. External Audit in Public Financial Management Financial Management Sector Board of the World Bank Helen Hsing US General Accounting Office March 2, 2004.

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external audit role of gao and the supreme audit institution community

External Audit: Role of GAO and the Supreme Audit Institution Community

External Audit in Public Financial Management

Financial Management Sector Board of the World Bank

Helen Hsing

US General Accounting Office

March 2, 2004

intosai international organization of supreme audit institutions
INTOSAIInternational Organization of Supreme Audit Institutions

185 member national audit offices dedicated to improving public sector

  • Governance
  • Public accountability
  • Transparency
intosai
INTOSAI

Committees

the evolving role of the sais
The Evolving Role of the SAIs
  • Governments and public expectations of governments are changing:
    • Increasing investor demand for transparency
    • Global interconnectivity
    • Transnational security threats
    • Rapidly evolving available technology
    • Readily available information
    • Aging populations
    • Rising health care costs and budget challenges
    • Public demand for performance results
essentials for sai success
Essentials for SAI Success
  • Clear Mandates
  • Independence
  • Capacity
  • Accountability and Integrity
  • Knowledge Sharing
  • Adherence to International Standards
types of audits mandated and performed
Types of AuditsMandated and Performed
  • Financial
  • Compliance or legislative
  • Performance
  • Other
effective capacity building depends on
Effective capacity building depends on

Communication

Cooperation

Partnerships

Continuity

Trust

gao s mission
GAO’s Mission
  • To support the Congress in meeting its constitutional responsibilities
  • To help improve the performance and ensure the accountability of the federal government for the benefit of the American people

According to the Budget and Accounting Act of 1921:

  • “. . .to investigate, at the seat of government or elsewhere, all matters relating to the receipt, disbursement, and application of government funds.”
gao s core values
GAO’s Core Values
  • Accountability

Help the Congress oversee federal programs, policies, and operations to ensure accountability to the American people.

  • Integrity

Ensure that our work is professional, objective, fact-based, nonpartisan, nonideological, fair, and balanced.

  • Reliability

Provide high-quality, timely, accurate, useful, clear and candid information.

how does gao carry out its mission
How Does GAO Carry Out Its Mission?
  • Oversight Activities
    • Determining whether government entities are
      • carrying out their assigned tasks,
      • spending funds for intended purposes, and
      • complying with laws and regulations
  • Insight Activities
    • Determining which programs and policies work and which don’t
    • Sharing best practices and benchmarking information horizontally across government and vertically through different levels of government
how does gao carry out its mission13
How Does GAO Carry Out Its Mission?
  • Foresight Activities
    • Identifying key trends and emerging challenges before they reach crisis proportions
    • Examples:
      • challenges of an aging population
      • changing security threats
      • demands of the information age
      • complexities of globalization
      • evolving governance structures
      • long-range fiscal challenges.
how does gao carry out its mission14
How Does GAO Carry Out Its Mission?
  • Audits of agency operations
  • Evaluations of government policies and programs
  • Investigations of alleged illegal and improper activities
  • Issuance of legal decisions and opinions
  • Establishing Professional Standards
    • Government Auditing Standards--the “yellow book”
    • Internal Control Standards
    • Accounting standards--participation in Federal Accounting Standards Advisory Board
gao s independence
GAO’sIndependence
  • Headed by Comptroller General
    • Joint selection/appointment process of the Congress and the President
    • 15 year term of office
    • Can only be removed by impeachment
  • Reports to the Congress
  • Budget determined by Congress
    • FY 2002 budget is $424.3 million
gao s independence cont
GAO’s Independence (cont.)
  • Access to all government documents guaranteed by law
  • Separate personnel system
    • Staff are career civil servants, not political appointees
what did gao accomplish in fy 2003
What Did GAO Accomplish in FY 2003?
  • GAO testified before Congress 189 times
  • GAO’s work led to $35.4 billion in direct financial benefits
  • In response to GAO’s work, agencies took over 1043 actions to improve government operations or services
  • GAO made 2175 recommendations
    • 82 percent of recommendations made in 1999 were implemented by 2003
gao initiatives to build capacity within sai community
GAO Initiatives to Build Capacity within SAI Community
  • Auditor Fellowship Program
  • Short-term in-country missions
g a o short term in country missions
G A OShort-term In-country Missions
  • Ukraine Chamber of Accounts:

- agriculture audit program

  • Indonesia Supreme Audit Board:

- banking regulation audits

  • Guyana Office of the Auditor General:

- new audit legislation

gao international auditor fellowship program iafp
GAO International Auditor Fellowship Program (IAFP)
  • Mission
  • To strengthen SAIs’ ability to fulfill their missions and to enhance accountability and governance worldwide 
  • Program Objectives
  • Enhance institutional capacity and individual skills.
  • Foster continuous learning and knowledge sharing.
  • Strengthen institutional relationships and professional networks.
iafp components
IAFP Components
  • Classroom training
  • OJT and mentoring
  • Field placements
  • Follow up assessment and support
  • Professional/cultural networking
selection of sais and fellows
Selection of SAIs and Fellows
  • Developing countries/transitional governments
  • Auditor General support and commitment
  • Broad regional representation
  • Mid-senior level officials
  • Mid-career
  • Creating a critical mass

NEW !

fellows program at a glance
Fellows Program At-a-Glance
  • Program initiated in 1979
  • 15-20 Fellows per year
    • 337 graduates from 94 countries
  • 15+ graduates are now Ministers, Auditors General, Deputy Auditors General
iafp enhancing institutional capacity
IAFP: Enhancing Institutional Capacity
  • Comprehensive learning program that includes
    • classroom instruction
    • practical applications
    • intergovernmental field experience
    • strategy paper and change implementation
    • interface with auditees, legislators, media

NEW !

iafp course curricula
IAFP Course Curricula
  • Performance Auditing
    • Approach and methodology selection
    • Evidence documentation
    • Interviewing skills
    • Audit documentation
    • Critical thinking
    • Internal controls
    • Statistical sampling
    • Fraud awareness
iapf course curricula
IAPF Course Curricula
  • Information Technology
    • IT auditing methodology
    • Data communications
  • Training Transfer and Knowledge Sharing
    • Assessing, delivering and evaluating training
    • Knowledge management
  • Strategies for managing change
    • Introducing organizational change
  • Organizational structure and management
iapf areas of focus
IAPF Areas of Focus

Strategy papers for on-the-job application:

  • Zambia: Develop and introduce methods for documenting and referencing audit work
  • Trinidad & Tobago: Introducing a design matrix for planning and conducting audits
fellowship program strategy paper topics
Fellowship Program Strategy Paper Topics
  • Internal Control & Auditing Standards
  • Audit Evidence & Analytical Procedures
  • Performance Auditing in Healthcare
  • Application of Statistical Techniques in Performance Audits
  • Preparing Training Manuals of Information Technology Auditing Methodology
  • Parliament – SAI relations
  • Role and work of economists
  • Strengthen training capacity
  • Standardization of audit management process
  • Environmental auditing
change
Change

How will you

  • introduce change?
  • deal with opposition?
  • overcome obstacles?
  • minimize negative influences?
  • deal with political and cultural issues?
opportunities
Opportunities
  • Identify countries for strategic partnerships
  • Fellowship advisory board
  • Fellowship Curriculum Update
  • Translation of course materials & manuals
  • Fellowship Follow-up in country
  • CFAAs
  • Knowledge Sharing
    • Web-based communication tool?
iafp measures of success
IAFP: Measures of Success
  • Individual course evaluation
    • Participant assessment of content and instruction
  • IAFP overall evaluation
    • Focus groups
    • Evaluation instrument being revised by Applied
    • Research & Methodology team
  • Post-IAFP assessment
    • Auditor General and participant feedback

Under Construction

opportunities challenges
Opportunities & Challenges
  • Strategic partnerships with donors
  • Long term technical assistance to sustain capacity
  • Translation of course materials & manuals
  • Knowledge sharing
    • Web-based communication tool?
    • Distance learning options?
  • Coalition building
    • Within the SAI
    • Intergovernmental - within country
  • Donor and SAI coordination