Features and Functions of Supreme Audit Institutions

Supreme audit institutions are national agencies responsible for auditing government revenue and spending. Their legal mandates, reporting relationships, and effectiveness vary, reflecting different governance systems and government policies. But t...

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Main Authors:	Stapenhurst, Rick, Titsworth, Jack
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AUDITING PUBLIC EXPENDITURES QUALITY ASSURANCE PERFORMANCE AUDITS COMPLIANCE VERIFICATION BUDGETS PARLIAMENTARY SYSTEM ENABLING ENVIRONMENT INDEPENDENCE KNOWLEDGE SHARING AUDITING STANDARDS INTERNATIONAL STANDARDS CORRUPTION IN POLITICS ACCOUNT ACCOUNTABILITY ACCOUNTS ANNUAL REPORT AUDITORS AUDITS AUTHORITY AUTONOMY CHECKING COMPLIANCE AUDITING CONSTITUTION CORRUPTION DECISION-MAKING DECISION-MAKING BODY FINANCIAL DATA FINANCIAL MANAGEMENT FISCAL GOVERNMENT AGENCIES GOVERNMENT ENTITIES GOVERNMENT POLICIES GOVERNMENT PROGRAMS GOVERNMENT SPENDING INSTITUTIONAL ROLE INTERNAL CONTROLS JUDICIARY LAWS LEGISLATION MANDATES MINISTRY OF FINANCE PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SPENDING REPORTING SOCIAL SECURITY TRANSPARENCY WORKERS
Online Access:	http://documents.worldbank.org/curated/en/2002/06/2011693/features-functions-supreme-audit-institutions http://hdl.handle.net/10986/9766

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recordtype	oai_dc
spelling	okr-10986-97662021-04-23T14:02:47Z Features and Functions of Supreme Audit Institutions Stapenhurst, Rick Titsworth, Jack AUDITING PUBLIC EXPENDITURES QUALITY ASSURANCE PERFORMANCE AUDITS COMPLIANCE VERIFICATION BUDGETS PARLIAMENTARY SYSTEM ENABLING ENVIRONMENT INDEPENDENCE KNOWLEDGE SHARING AUDITING STANDARDS INTERNATIONAL STANDARDS CORRUPTION IN POLITICS ACCOUNT ACCOUNTABILITY ACCOUNTS ANNUAL REPORT AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTONOMY CHECKING COMPLIANCE AUDITING CONSTITUTION CORRUPTION DECISION-MAKING DECISION-MAKING BODY FINANCIAL DATA FINANCIAL MANAGEMENT FISCAL GOVERNMENT AGENCIES GOVERNMENT ENTITIES GOVERNMENT POLICIES GOVERNMENT PROGRAMS GOVERNMENT SPENDING INSTITUTIONAL ROLE INTERNAL CONTROLS JUDICIARY LAWS LEGISLATION MANDATES MINISTRY OF FINANCE PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SPENDING REPORTING SOCIAL SECURITY TRANSPARENCY WORKERS Supreme audit institutions are national agencies responsible for auditing government revenue and spending. Their legal mandates, reporting relationships, and effectiveness vary, reflecting different governance systems and government policies. But their primary purpose is to oversee the management of public funds and the quality and credibility of governments' reported financial data. In the past the World Bank and other donors often established parallel auditing systems for their projects, undermining developing countries' supreme audit institutions, on whose work they could not always rely. Equally problematic have been projects that encouraged performance auditing but ignored basic weaknesses in financial management. In recent years the Bank has tried to strengthen oversight agencies such as supreme audit institutions. This note is intended to help Bank staff appreciate the role and nature of these institutions, particularly in managing public spending, ensuring financial accountability, and strengthening public institutions. 2012-08-13T09:29:04Z 2012-08-13T09:29:04Z 2002-06 http://documents.worldbank.org/curated/en/2002/06/2011693/features-functions-supreme-audit-institutions http://hdl.handle.net/10986/9766 English Africa Region Findings & Good Practice Infobriefs; No. 208 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AUDITING PUBLIC EXPENDITURES QUALITY ASSURANCE PERFORMANCE AUDITS COMPLIANCE VERIFICATION BUDGETS PARLIAMENTARY SYSTEM ENABLING ENVIRONMENT INDEPENDENCE KNOWLEDGE SHARING AUDITING STANDARDS INTERNATIONAL STANDARDS CORRUPTION IN POLITICS ACCOUNT ACCOUNTABILITY ACCOUNTS ANNUAL REPORT AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTONOMY CHECKING COMPLIANCE AUDITING CONSTITUTION CORRUPTION DECISION-MAKING DECISION-MAKING BODY FINANCIAL DATA FINANCIAL MANAGEMENT FISCAL GOVERNMENT AGENCIES GOVERNMENT ENTITIES GOVERNMENT POLICIES GOVERNMENT PROGRAMS GOVERNMENT SPENDING INSTITUTIONAL ROLE INTERNAL CONTROLS JUDICIARY LAWS LEGISLATION MANDATES MINISTRY OF FINANCE PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SPENDING REPORTING SOCIAL SECURITY TRANSPARENCY WORKERS
spellingShingle	AUDITING PUBLIC EXPENDITURES QUALITY ASSURANCE PERFORMANCE AUDITS COMPLIANCE VERIFICATION BUDGETS PARLIAMENTARY SYSTEM ENABLING ENVIRONMENT INDEPENDENCE KNOWLEDGE SHARING AUDITING STANDARDS INTERNATIONAL STANDARDS CORRUPTION IN POLITICS ACCOUNT ACCOUNTABILITY ACCOUNTS ANNUAL REPORT AUDITING AUDITING STANDARDS AUDITORS AUDITS AUTHORITY AUTONOMY CHECKING COMPLIANCE AUDITING CONSTITUTION CORRUPTION DECISION-MAKING DECISION-MAKING BODY FINANCIAL DATA FINANCIAL MANAGEMENT FISCAL GOVERNMENT AGENCIES GOVERNMENT ENTITIES GOVERNMENT POLICIES GOVERNMENT PROGRAMS GOVERNMENT SPENDING INSTITUTIONAL ROLE INTERNAL CONTROLS JUDICIARY LAWS LEGISLATION MANDATES MINISTRY OF FINANCE PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SPENDING REPORTING SOCIAL SECURITY TRANSPARENCY WORKERS Stapenhurst, Rick Titsworth, Jack Features and Functions of Supreme Audit Institutions
geographic_facet	Africa
relation	Africa Region Findings & Good Practice Infobriefs; No. 208
description	Supreme audit institutions are national agencies responsible for auditing government revenue and spending. Their legal mandates, reporting relationships, and effectiveness vary, reflecting different governance systems and government policies. But their primary purpose is to oversee the management of public funds and the quality and credibility of governments' reported financial data. In the past the World Bank and other donors often established parallel auditing systems for their projects, undermining developing countries' supreme audit institutions, on whose work they could not always rely. Equally problematic have been projects that encouraged performance auditing but ignored basic weaknesses in financial management. In recent years the Bank has tried to strengthen oversight agencies such as supreme audit institutions. This note is intended to help Bank staff appreciate the role and nature of these institutions, particularly in managing public spending, ensuring financial accountability, and strengthening public institutions.
format	Publications & Research :: Brief
author	Stapenhurst, Rick Titsworth, Jack
author_facet	Stapenhurst, Rick Titsworth, Jack
author_sort	Stapenhurst, Rick
title	Features and Functions of Supreme Audit Institutions
title_short	Features and Functions of Supreme Audit Institutions
title_full	Features and Functions of Supreme Audit Institutions
title_fullStr	Features and Functions of Supreme Audit Institutions
title_full_unstemmed	Features and Functions of Supreme Audit Institutions
title_sort	features and functions of supreme audit institutions
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2002/06/2011693/features-functions-supreme-audit-institutions http://hdl.handle.net/10986/9766
_version_	1764410587382546432

Features and Functions of Supreme Audit Institutions

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