July 19, 2019 04:35

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Vietnam, Canada intensify cooperation in operational audit

20:16 | 12/04/2019

he State Audit Office of Vietnam (SAV) and the Canadian Audit and Accountability Foundation (CAAF) signed a memorandum of understanding (MoU) on cooperation within the framework of a working visit to Canada from April 7-12 by a delegation from the SAV and the National Assembly’s Finance-Budget Committee.

vietnam canada intensify cooperation in operational audit

Signing ceremony of memorandum of understanding between State Audit Office of Vietnam and Canadian Audit and Accountability Foundation

The signing marked an important milestone, affirming the fine cooperation between the SAV and the CAAF and serves as a foundation for activities of their 2018-2025 Cooperation Programme.

The MoU reaffirms both sides’ commitments to implementing cooperation activities included in the programme.

Specifically, the CAAF continues helping the SAV increase its capacity of conducting operational audit activities in prioritized fields such as gender equality, the environment and the implementation of the United Nations’ sustainable development goals.

The foundation will also help improve the efficiency of the SAV’s information exchange and cooperation with other agencies, and increase the capacity of the NA’s supervision agencies in assessing and using operational audit reports, and monitoring the implementation of audit-related recommendations.

During the visit, the delegation from the SAV and the National Assembly’s Finance-Budget Committee learnt from the CAAF’s experience in conducting and developing operational audit, especially the use and publicity of and dissemination on operational audit results, in order to increase the influence of outcomes of audit activities in general and operational audit in particular on the entire socio-political system.

Source: VNA