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Supreme Audit Institution
A supreme audit institution is an independent national-level institution which conducts audits of government activities. Most supreme audit institutions are established in their country's constitution, and their mandate is further refined in national legislation. Supreme audit institutions play an important role in providing oversight and accountability in a country by monitoring the use of public funds and reviewing the quality and accuracy of government financial reporting. They also contribute to anti-corruption efforts. Depending on the country, a supreme audit institution may be called a court of audit (common in Europe and its former colonies), auditor-general (common in the Anglosphere) or the board of audit (in some Asian countries). Nearly every supreme audit institution in the world is a member of the International Organization of Supreme Audit Institutions, which works to establish and disseminate international standards and good practices. In some countries, such as w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Of Audit (Greece)
In Greece, the Hellenic Court of Audit is the supreme audit institution of the Hellenic Republic, auditing the use of public funds in Greece according to the principles of legality, regularity and sound financial management. HCA is also the Supreme Financial Court, one of the three Supreme Courts of Justice, grounded on the Constitution, provides for its jurisdictional, advisory and auditing competences. History The Hellenic Court of Audit (:el:Ελεγκτικό Συνέδριο, Ελεγκτικό Συνέδριο in Greek) – is one of the oldest institutions the Greek State has today. It was founded with the Decree of 27 September 1833, and it is modeled on the French Cour des Comptes (France), Cour des comptes. Before the Hellenic Court of Audit, there was the earlier "Accounting and Auditing Council". This was a special body for the audit of public expenditures founded by the Governor Ioannis Kapodistrias, and which came into being with the Resolution of the Fourth Natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit
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 also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, roll forward prior year working papers, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Audit Office (China)
The National Audit Office of the People's Republic of China is the supreme audit institution in the People's Republic of China. It was established in 1983 according to the Constitution. It is a cabinet-level executive department of the State Council and under the leadership of the premier. History As part of the 2018 institutional reforms, the National Audit Office acquired powers from other government bodies to inspect major projects, state-owned enterprises, central budgets, as well as central revenues and expenditures. Functions The Office is responsible auditing the finances of the State Council and of provincial governments and public institutions that receive central government funds. It additionally conducts audits on natural resources and environmental performance. The Office of the Central Auditing Commission of the Chinese Communist Party is located within the National Audit Office. See also * " Audit storm" () * Audit Office of the Central Military Com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Audit Court Of Iran
The Supreme Audit Court of Iran (SAC) (Persian: دیوان محاسبات کشور) is a continuation-based organization of Iran. Located in Tehran, it is supervised by the Iranian Parliament and dates back to 1906. Articles 54 and 55 of the Constitution of the Islamic Republic of Iran define the objectives and responsibilities of SAC, the most important duty of the organization being the preparation of the government's Budget Liquidation Report, as specified by article 55 of the Constitution. The state body is tasked with controlling "financial operations and activities of all institutions, companies and organizations which in any manner whatsoever benefit from the state budget." The main mission of the Supreme Audit Court (SAC) is to oversee the implementation of the annual budget, investigate financial violations, present the Budget Liquidation Report to the Parliament, and address budget deviations. Since 2010, SAC has been charged with supervising the Iranian Economic Ref ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit Board Of Indonesia
The Audit Board of Indonesia () is a high state body in Indonesia which is responsible for evaluation of management and accountability of state finances conducted by the central government, local governments, Bank Indonesia, state-owned enterprises, the Public Service Board, and institutions or other entities which manage state finances. History The body was initially established under the name ''National Supervision Board'' at Magelang, Central Java during the United States of Indonesia period on 28 December 1946.The Audit Board of the Republic of Indonesia Supreme Audit Institutions. Accessed 1 November 2016. The Board currently functio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comptroller And Auditor General Of India
The Comptroller and Auditor General of India (ISO: ''Bhārata kē Niyaṁtraka ēvaṁ Mahālēkhāparīkṣaka'') is the supreme audit institution of India, established under Article 148 of the Constitution of India. They are empowered to audit all receipts and expenditure of the Government of India and the State Governments, including those of autonomous bodies and corporations substantially financed by the government. The CAG is also the statutory auditor of Government-owned corporations and conducts supplementary audit of government companies in which the government has an equity share of at least 51 percent or subsidiary companies of existing government companies. The CAG is also the statutory auditor of the Lokpal. The reports of the CAG are laid before the Parliament/Legislatures and are taken up for discussion by the Public Accounts Committees (PACs) and Committees on Public Undertakings (COPUs), which are special committees in the Parliament of India and the state le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bundesrechnungshof
The Bundesrechnungshof (Federal Court of Audit) is the supreme federal authority for audit matters in the Federal Republic of Germany. There are equivalent bodies at state level. The status of the Bundesrechnungshof, its members and its essential functions are guaranteed by the German ConstitutionArt. 114 GG, and regulated by other legislation (i.e. Bundesrechnungshof Act, Federal Budget Code). It is an independent judicial body, with around 600 employees. Its current President is Kay Scheller. The institution is a supreme federal authority only as far as it administers internal tasks such as personnel affairs, management of buildings or clearance of travel expenses and the like. Processing its core duties - auditing, reporting and counseling as external financial controllers - it is not part of the executive branch of Germany, but is positioned beyond the three classical constitutional powers. The Bundesrechnungshof is not subordinated to the federal government. Even the leg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana Audit Service
The Ghana Audit Service is an independent government agency in Ghana that is responsible for carrying out the audits on the accounts of the Government, Regions as well as the activities of the Ministries, Departments, Agencies and Companies under the Government of Ghana. Both the Office of the Auditor-General of Ghana and the Ghana Audit Service were established by the 1992 Constitution of Ghana. Internationally, the equivalent of the Ghana Audit Service is referred to as the Supreme Audit Institution (SAI). The International Organization of Supreme Audit Institutions (INTOSAI) is the international board that oversees and creates benchmark for auditing public entities for all Supreme Audit Institutions including Ghana who are also members. In other jurisdictions the Audit Service is referred to as National Audit Office, Central Auditing Organization, National Accountability Office, the Office of the Auditor-General or the Office of the Comptroller and Auditor-General. It falls und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Of Audit (France)
The ''Cour des Comptes'' (, "Court of Accounts") is France's supreme audit institution, under French law an judiciary of France#Administrative, administrative court. As such, it is Independent judiciary, independent from the Legislature, legislative and Executive (government), executive branches of the French Government. However, the 1946 and 1958 French constitutions made it the Court's duty to assist the Cabinet and Parliament in regulating government spending. The Court thus combines functions of a Exchequer of Pleas, court of exchequer, comptroller general's office, and Comptroller and Auditor General, auditor general's office in common-law countries. It is also a Grand Corps of the French State and mainly recruits among the best-ranked students graduating from the Ecole nationale d'administration. The Court traces its origins back to the Middle Ages and views itself as succeeding the Court of Auditors (France), Court of Auditors of Paris, permanently established in the early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Audit Office Of Finland
National Audit Office (abbreviated NAO, ) oversees the management of public finances in Finland and monitors fiscal policies as well as election and party funding. It operates as the supreme external auditor in connection with the Parliament. Independent audit work ensures that state funds are used in accordance with the decisions of the Parliament, lawfully and effectively, and that financial policy is managed in a sustainable manner. The tasks of the NAO are defined in the Finnish Constitution. The Parliament appoints the Director General of the National Audit Office for a term of six years. Since January 2022, the Director General of the Audit Office has been Sami Yläoutinen. At the end of 2022, the office had 145 employees. The main office of the agency is located in Helsinki, with another office in Oulu. The office premises in Helsinki have been located in Ruoholahti since 2017 at Porkkalankatu 1. The National Audit Office's area of operation includes the Government and m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Court Of Auditors
The European Court of Auditors (ECA; French: ''Cour des comptes européenne'') is the supreme audit institution of the European Union (EU). It was established in 1975 in Luxembourg City, Luxembourg and is one of the Institutions of the European Union, seven EU institutions. The Court comprises one member from each EU member state (currently ) supported by approximately 900 civil servants. History The ECA was created by the Treaties of the European Union#Budgetary treaties, 1975 Budgetary Treaty and was formally established on 18 October 1977, holding its first session a week later. At that time the ECA was not a formal institution; it was an external body designed to audit the finances of the European Communities. It replaced two separate audit bodies, one which dealt with the finances of the European Economic Community and Euratom, and one which dealt with the European Coal and Steel Community. The ECA did not have a defined legal status until the Treaty of Maastricht when i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Audit Office Of Estonia
The National Audit Office of Estonia () is an independent institution in Estonia, which is responsible for exercising economic control in order to assure the parliament and the public that public assets are used legally and effectively. History Formation and disbandment (1918–1940) The National Audit Office of Estonia was established on 27 December 1918 with a decision by the Estonian Provincial Assembly. Aleksander Oinas became the first Auditor General on January 6, 1919. Due to the ongoing Estonian War of Independence, a military department was formed under the National Audit Office on January 26, 1919, with an agreement between the Auditor General and the Commander of the Estonian Defence Forces. More departments were formed later that year. On February 5, a law was passed, which determined the tasks of the institution. On May 8, A. Oinas became the Minister of the Interior and Aleksander Käsk became the acting Auditor General. On July 1, Karl August Einbund was appointed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
