"A premier audit institution that promotes value for money in government operations and contribute towards good governance”
"To audit without fear, favor or prejudice on the prudent and effective use of public resources and report to the Parliament and stakeholders for enhancing transparency and accountability in the government”
The RAA is pleased to release its 5th Edition of Bi-annual RAA Newsletter for January - June 2013. In this edition, we focus on the RAA’s on going initiatives in capacity development and bring to you a brief account of the implementation of comprehensive capacity building programme, “ISSAI Implementation Initiative” or “3i Programme” that covers core audit disciplines of financial, compliance and performance audits. It promises us with strengthened auditing profession, benchmarking of practices and enhanced credibility of our products.
As part of the implementation of Risk-Based Financial Audit approach in RAA, a simulation programme on Pilot Risk Based Financial Audit was conducted on 22nd August, 2013.
The Royal Audit Authority released its Annual Audit Report (AAR) 2012. The AAR 2012 was prepared and submitted to His Majesty the King, the Prime Minister and the Speaker as required under the Article 25.5 of the Constitution of the Kingdom of Bhutan and Section 72 of the Audit Act of Bhutan 2006. The report contains significant unresolved issues pertaining to audit reports issued during 2012. For copy (Annual Audit Report 2012)
The Royal Audit Authority has finalized its Annual Audit Plan 2013-14 which was approved by the Executive Committee of the RAA. The published copies of the Plan were submitted to His Majesty the King, the Prime Minister and the Ministers of the ten Ministries. A copy of the Plan shall be uploaded on the webpage for information to all audited agencies. For copy click (Annual Audit Plan 2013-14)
A weeklong workshop for the development of an Environmental Audit Guidelines began today at Regional Training Centre, Phuentsholing. The participants for the workshop are from the Performance and System Audit Division, Thematic Audit Division and from the Office of the Assistant Auditor General, Phuentsholing. The participants will review the draft Environment Audit Guidelines and finalise it by the end of the workshop on 17th August 2013. The programme is being funded by UNDP.