"A credible Supreme Audit Institution that promotes value for money and good governance in public operations and contributes towards achieving the societal aspirations of Gross National Happiness.”
" RAA is an independent constitutional body which contributes to accountability, transparency and effective service delivery. In the service of Tsa-Wa-Sum (the King, Country and People), we audit without fear, favour or prejudice and provide timely, reliable and quality audit services to assist effective decision making in the public sector.”
The Royal Audit Authority is pleased to release the 10th issue of its bi-annual Newsletter today, 29th July 2016. This issue has been prepared compiling all important events and initiatives undertaken by the Royal Audit Authority in the last six months and it aims to serve as a communication channel to disseminate such important information to all the stakeholders.
The Royal Audit Authority launched its second Strategic Plan 2015-2020, today 27th July 2016. The event was graced by His Excellency Lyonpo Namgay Dorji, the Minister for Finance, also present were representatives of the various media houses and officials of the RAA. The Strategic Plan document is a roadmap that the RAA will forge towards attainment of newer heights and meeting aspirations of stakeholders, adding value and benefits to the citizens.
Sixty Auditors will leave for training programme on International Standards for Supreme Audit Institutions (ISSAI) to be held from 25th July 2016 to 5th August 2016 at iCISA, New Delhi.
A team from the Royal Audit Authority presented the Annual Audit Report 2015 to the Public Accounts Committee and other Members of Parliament. The presentation covered in brief the contents of Annual Audit Report 2015. The house had a robust discussion on various issues reported by RAA in the report. The Members of Parliament while commending the work done by RAA and acknowledging the evolution of RAA’s reports, also provided suggestions and feedback on further improving the quality of the Annual Audit Report.
A two-member team led by the Deputy Auditor General for Department of Performance and Commercial Audit attended the Audit Seminar for ‘SAIs along the Belt & Road Route’ held in Nanjing, China from 27th June to 6th July 2016. The seminar hosted by the National Audit Office of China (CNAO) and the Ministry of Commerce of China aimed to continuously promote good national governance through auditing and was composed of keynote speeches, presentations and open discussions on serval themes, including functions of national audit, organization of audit projects, big-data analysis in audit, agricultural project audit and foreign funds audit, among others. The participants also visited regional and local audit offices in Nanjing & Shanghai.