International co-operation key to State audit's development

March 20, 2020 - 09:58
The State Audit Office of Vietnam is to work closely with international partners and improving employees' language skill in a global integration effort.

 

Headquarters of the State Audit Office of Vietnam in Hà Nội. — VNS

The State Audit Office of Vietnam is to work closely with international partners and improve employees' language skills in a global integration effort.

Aside from a goal to develop human resource capacity, the office has been actively implementing administrative and framework reforms in accordance with international standards and norms.

It has set an objective to promote and better its self-image among the audit community in the Southeast Asian region and internationally. 

The office has been an important contributor to Việt Nam's policy-making process, namely in the development of several key pieces of legislation such as the Law on State Budget and Law on State Audit.

It has conducted research and translated international audit practices by prestigious audit organisations such as the International Audit Practice Consortium (IAPC), the International Federation of Accountants (IFAC), the Assembly of Asian Organization of Supreme Audit Institutions (ASOSAI) and the International Organization of Supreme Audit Institutions (INTOSAI). 

The office has organised numerous events and workshops in Việt Nam and invited speakers and experts from highly-regarded audit organisations to promote the latest audit techniques and practices among Vietnamese auditors.

It has also signed co-operation agreements with some 28 countries around the world. 

The office recently submitted a comprehensive development strategy of the State Audit Office to the National Assembly, which emphasises transparency, accuracy and efficiency. 

However, the office insisted additional resources would be needed to overcome challenges including the need to improve the office's accuracy and efficiency while cutting down on personnel and to introduce technological advances in the office's management and practices.  

According to a statement by the office, its most important objectives for 2020-30 are to support the Government in the management and use of public assets and to support the National Assembly and deputies in their duty to monitor the Government's activities.

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