- 10 Marks
AAA – Dec 2023 – L3 – Q4a – Government External Audit and Public Accountability
Discuss the principles under INTOSAI-P 12 that Supreme Audit Institutions (SAIs) should follow to strengthen accountability, demonstrate relevance, and lead by example.
Question
Governments, through Parliament, levy and collect taxes from the citizens of their countries. The taxes collected must be used in providing services to the citizenry. The taxpayer must be assured that taxes paid are used and accounted for transparently. Supreme Audit Institutions (SAIs) are set up under their countries’ constitutions to carry out audits of public funds on behalf of the citizens. According to INTOSAI-P 12: The Value and Benefits of Supreme Audit Institutions – making a difference to the lives of citizens, the extent to which a SAI is able to make a difference to the lives of citizens depends on the SAI:
i) Strengthening the accountability, transparency, and integrity of government and public sector entities;
ii) Demonstrating ongoing relevance to citizens, Parliament, and other stakeholders; and
iii) Being a model organisation through leading by example.
Required:
Discuss THREE (3) principles under each of the headings (i-iii). (10 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Accountability, Integrity, INTOSAI-P 12, Public Sector, Supreme Audit Institutions, Transparency
- Level: Level 3
- Topic: Government external audit and public accountability
- Series: DEC 2023