The Central Auditing Organization () is an independent

auditing An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing al ...

institution established in

Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...

in 1942 as an instrument of

public finance Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in man ...

control.

History

Originally created as the ''Divan of Accounting'', its name was changed to ''Divan of Auditing'' in 1960, before acquiring its current designation in 1964. In 1995 it hosted XV INCOSAI, the fifteenth triennial convention of the

International Organization of Supreme Audit Institutions The International Organization of Supreme Audit Institutions (INTOSAI) is an intergovernmental organization whose members are supreme audit institutions. Nearly every supreme audit institution in the world is a member of INTOSAI. Depending on th ...

Function and structure

The CAO supervises the management of

public-sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pub ...

companies and government departments, including about 130 central government departments and administrative units, 120 service agencies, 27 governorates, 50 economic authorities and more than 160 state-owned enterprises, political parties, trade unions, national and party news media, and all units subsidised by the State. The CAO may also audit and examine the work and accounts of any other entity, as assigned by the President, the Prime Minister or the

People's Assembly of Egypt The House of Representatives () is the lower house of Egypt's bicameral parliament. Formation of the House The 2014 constitution that was passed in the 2014 constitutional referendum has put into place the following rules: the House that is e ...

. It is independent of the

cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filin ...

, and reports directly to the

President of Egypt The president of the Arab Republic of Egypt () is the executive head of state of Egypt and the de facto appointer of the official head of government under the Egyptian Constitution of 2014. Under the various iterations of the History of the Egypt ...

, to whom it is subordinated.

Former heads

Source: *Fakhry Abbas Ramadan, 1989 — 1997 *Shawky al-Sayid Ahmed Khater, 1997 — 1999 * Gawdat al-Malt, 1999 — 2011 * Hisham Geneina, 2012 — 2016

References

External links

Official website
(Curre nt)
Official website
(Defunct) 1942 establishments in Egypt Government audit Government agencies established in 1942 Government agencies of Egypt Supreme audit institutions {{Egypt-stub