Enhancing Quality Management in Small/Developing SAIs: PASAI Experience
Explore the PASAI annual meeting in Kingston, Jamaica, focusing on quality management in small/developing Supreme Audit Institutions. Learn about PASAI's support, challenges, and the way forward for SAIs in the Pacific region, along with examples of SAI practices and the context of SAIs in PASAI. The event highlights the importance of audit independence, transparency, accountability, and capacity building to strengthen the effectiveness of SAIs.
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Presentation Transcript
Quality Management in Small/Developing SAIs PASAI Experience INTOSAI Capacity Building Committee Annual Meeting Kingston, Jamaica 20-23 June 2023
1. SAI Context 2. Example of SAI Practices Presentation Overview 3. PASAI Support 4. Challenges 5. Way Forward
About Us - PASAI PASAI is the official association of Supreme Audit Institutions in the Pacific with 29 members from 20 countries Audit Independence 01 Work to strengthen SAI independence Advocacy for A&T 02 Advocacy to strengthen transparency and accountability High Quality Audits 03 High quality audits completed by Pacific SAIs on a timely basis Strengthen SAI capacity 04 To strengthen SAI capacity to deliver its mandate. Secretariat Support 05 To ensure that the Secretariat capable of supporting Pacific SAIs. 3 www.pasai.org
Context of SAIs in PASAI Context of SAIs in PASAI Government model Size QC/QA Systems Code of Ethics HRM 10 Westminster 5 SAIs up to 10 employees (25%) 45% SAIs have established QC systems (SAI level) 85% SAIs have a Code of Ethics 35% has organisational independence 10 US Parliamentary 10 SAIs 10-30 employees (50%) 15% has an ethics control system 25% have approved HR strategy 1 SAI has established QA system (SAI level) 5 SAIs 31-150 employees (25%) Lack of qualified personnel in country 50% SAIs have QC processes for all audit streams (engagement level) INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
QC and QA processes and procedures established at SAI and engagement level Example Example of SAI of SAI Practice Practice Chuuk Chuuk Levels of QC at engagement level is limited Implementation of QA processes impacted by SAI capacity and capability Internal control systems subject to triennial external review by APIPA members No QA function
Example of SAI Practice Example of SAI Practice - - Tuvalu Tuvalu No established QC and QA processes and procedures at SAI level QC processes and procedures established in audit manuals at engagement level Quality of SAI work managed by SAI leadership through regular monitoring meetings and reporting Quality of engagements managed by audit team leaders through ongoing supervision and quality control review of work throughout the audit No established QA function INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
Example of SAI Practice Example of SAI Practice - - Samoa Samoa Has established QC and QA processes and procedures both SAI and engagement level Quality of SAI work managed by SAI leadership through regular monitoring meetings and reporting Quality of engagements managed by audit team leaders through ongoing supervision and quality control review throughout the audit No established QA function INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
Example of SAI Practice Example of SAI Practice - - Fiji Fiji Has established QC and QA processes and procedures both at SAI and engagement level Quality of SAI work managed by SAI leadership through regular monitoring meetings and reporting Quality of engagements managed by audit team leaders through ongoing supervision and quality control review activities Established a QA function INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
PASAI Support PASAI Support Programme/Support Element of Quality Control System Heads of SAIs Leadership Programme Leadership responsibilities Enhancing Strategic Management Capabilities Leadership responsibilities / Monitoring Strategic Audit Planning in PA, CA Audit Impact / Relevant Audits Training on ICAEW FA manual Performance of Audits QA review of FSG audits Performance of Audits HRM Programme with SNAO Human Resources INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
Challenges Challenges SAI capacity and capability issues Managing competing priorities SAI, PASAI, IDI, Donors SAI s absorption capacity Keeping up with global changes SAI readiness to adapt/adopt INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
Way Forward Way Forward SAI-level support to enhance audit quality Establish Regional QA / Peer Review mechanism Deliver ongoing trainings to build/enhance understanding of QC/QA systems Collaborate with IDI, INTOSAI Regional organisations/INTOSAI SAIs, ACAG, and development partners Partner with other regional organisations in the Pacific INTOSAI CBC Annual Meeting, June 2023, Kingston - Jamaica
Thank you Thank you
