Author Topic: Stakeholder Engagement in Public Audit  (Read 222 times)

chandra

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Stakeholder Engagement in Public Audit
« on: March 30, 2017, 11:07:49 GMT »
Stakeholder Engagement in Public Audit- An Example of Enhanced Transparency

Transparency is a key concern in every modern society. It is even crucial in public sector organisation. Working together helps enhance transparency. When stakeholders engaged in process of performance of public entities, it helps to create feeling of ownership by the stakeholders. In case of public audit, SAIs can engage stakeholders in its work which is also demanded by ISSAI 20.

SAIs may engage stakeholders in different process of audit as below:
During Planning stage: SAIs may engage stakeholders to get information about the government programme and service standards which helps to risk assessment process allowing SAIs to focus on more risky areas.

During Conducting stage: Stakeholders can be engaged to obtain audit evidence as stakeholders may have first hand information about implementation status government programmes.

During Reporting and Follow up : Stakeholders may be engaged to disseminate audit finding and hold government accountable.

Considering importance of engaging stakeholders in public audit, SAI of Nepal has started engaging CSOs in some of its performance audits. The IDI has also included engaging stakeholder as one of programmes in its portfolio.

For Further information, follow link:

http://intosaijournal.org/highlights/engaging_civil_service_apr2014.html

http://intosaijournal.org/incosaixxii/itinerary_highlights_2017.html#achievements


 

With Best Regards,
Chandra Kanta Bhandari, FCA, CPFA

 

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