"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”
A week long in-house training on Financial Data and Financial Statement Analysis is being commenced from today at the RAA Conference hall. The training is facilitated by in-house trained trainers Mr. Penjor, Sr. Audit Officer and Mr. Sonam Wangdi, Audit Officer. Within the next five days the training is expected to cover comprehensively on the logic of financial statement; concept of financial analysis; analysis of Receipt and Payment statement of the Budgetary Bodies and linkage with audit planning and execution. Participants are given group works and exercises as part of active adult learning strategies.
The RAA is pleased to release bi-annual publication of 7th Newsletter covering issues and events happened during the period January to June, 2014. In this edition, a brief news on a goodwill visit by the Comptroller & Auditor General of India and renewing of Memorandum of Understanding between the two Supreme Audit Instutions were covered. Besides, it also entails news coverage on hosting of SAI-Performance Measurement Framework training and guided by the Framework, an assessment study undertaken for the RAA by the INTOSAI Development Initiative Secretariat. The finalization of Audit Performance Evaluation Management System, publication and release of Annual Audit Report 2013 and Annual Audit Plan 2014-2015 and further, participation in numerous professional activities and discussion of significant audit issues in the Parliament were prominent features. For information dissemination purpose, an excerpt on SAI-Performance Measurement Framework Methodology which has recently became a global tool for measuring performances of Supreme Audit Institutions is also included.
A six member delegation headed by the Hon’ble Auditor General of Royal Audit Authority (RAA) was welcomed by His Excellency Nguyen Huu Van, Auditor General of the State Audit Office of Vietnam (SAV) on 5th August 2014. The visit to the SAV was on the invitation of His Excellency the Auditor General of Vietnam.
The web-enabled Audit Resource Management System (ARMS) was launched today in the Royal Audit Authority (RAA) Office Complex by His Excellency Finance Minister Lyonpo Namgay Dorji. Present in the event were Hon’ble Auditor General, Hon’ble Chairperson, Public Accounts Committee, Representatives from Asian Development Bank, Gross National Happiness Commission, Ministry of Finance, media and officials of Royal Audit Authority.
The 3rd Annual Meeting of the Office of Assistant Auditor General, Tsirang was held on 11 July 2014. A total of 20 officials and staff were in attendance. Apart from gauging the achievements made in terms of audits conducted and reports issued in financial year 2013-14, the meeting also deliberated on other areas of common interests like: