EUROSAI. Magazine N21 - 2015

EUROPEAN ORGANISATION OF SUPREME AUDIT INSTITUTIONS REPORTS AND STUDIES 115 www.eurosai.org · N.º 21 - 2015 changes of governance and strengthen top design and strategic planning. They should strive to shift from single and separated audits to multiple and inter-linked audits, from audit coverage of some auditees/public funds to audit coverage of all auditees/public funds over a cycle, from static audit to combined static-dynamic audit, from pure ex post audit to a combination of ex post and real-time audits, and from focusing on micro level to a combination of both micro and macro levels. In practice, SAIs should pay great attention to the implementation and effects of the country’s sustainable development strategy and policy measures and promote their full execution, to the allocation and effects of public funds and resources and enhance the performance of the public sector, and to the arrangement and exercise of public power in order to prevent power abuse and enhance the prosecution and prevention of corruption. SAIs should also attach importance to the weak links and risks in the operation of economic society, and to the safeguard and improvement of the people’s livelihood, so as to maintain national security and protect people’s interests. SAIs should effectively enhance their audit reliability and constantly upgrade their capacities to facilitate governance. To adapt to different political systems and governance environment, SAIs should constantly improve audit management systems and working mechanisms, uphold their image and reputation as independent, objective and fair institutions and ensure the independence, efficiency and credibility of audit activities and results. They should consistently strengthen the buildup of professional capacity, maintain vitality, stimulate creativity and ensure fine quality of audit work. They should uphold transparancy, enhance the disclosure of audit work and set an example of transparent operation in the public sector. External supervision and accountability concerning audit institutions and personnel should be stepped up and independent external check- ups conducted. SAIs should establish high moral standards and strive to foster a moral benchmark for the public sector. At present, the increasing uncertainties in the development of global economy are posing new problems to the improvement of governance of all countries, which also pose new challenges to SAIs. SAIs of all countries should have the courage to shoulder responsibilities, develop innovative audit mechanisms and strive for good governance at higher levels, in broader scales and in further depth. CNAO will, as always, be dedicated to performing the functions as chair of the INTOSAI Governing Board, make joint efforts with all member SAIs, do its utmost to upgrade the capacity to respond to the challenges of globalization and promote governance modernization, so as to play an even greater role in promoting good national governance and improving global governance. SAIs should effectively enhance their audit reliability and constantly upgrade their capacities to facilitate governance External supervision and accountability concerning audit institutions and personnel should be stepped up and independent external check-ups conducted