"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”
Around 30 RAA's auditors are undergoing ISSAI based performance audit training in Paro this week. The training is facilitated by Mr. Rajesh Dayal, International Consultant with in-depth lessons on conducting ISSAI compliant performance audit. The training is in line with the RAA's move towards adopting ISSAIs as the authoritative standards. With most of the SAIs in the INTOSAI community gearing towards the ISSAI as a common public sector auditing standards, it is a way forward approach for the RAA. RAA has a plan to conduct large number of performance audits as per it's Strategic Plan 2015-2020 priorities. Such type of training is towards capacity building in the field of performance audit.
The Statement of Commitment on ISSAI Implementation Initiative (3i Programme) Phase II was signed between Mr. Per- Kristian Foss, the Auditor General of Norway & Chairman of IDI Board, INTOSAI Development initiative and Mr. Tshering Kezang, the Auditor General of Bhutan today In Oslo, Norway. As per the agreement, the RAA shall be piloted for 3i Phase II-ISSAI implementation under the financial support of the World Bank. The programme profile of the commitment consist of development of courses on ISSAIs, training of subject matter experts and piloting ISSAI compliant audits for the SAI Bhutan. The day also witnessed the exchange of presentations between the two SAIs.
The Royal Audit Authority is pleased to release the RAA’s Policy Guidelines on the Media Communication 2016.This policy guideline consolidates the existing practices and procedures and provides a formalized system in sharing of information to the stakeholders through the established media protocols. It is intended to provide an effective and efficient framework to facilitate timely, comprehensive, authoritative and accurate dissemination of information relevant to all aspects of Authority’s functioning.
The Chapter 8 Section 86 of the Audit Act of Bhutan 2006 states that “The Authority may undertake a peer review by a member of peer organizations or other professional bodies from time to time to ensure consistency and high standard of auditing.” Based on this mandate, the Royal Audit Authority is currently being assessed under the Supreme Audit Institution (SAI) Independence Assessment Study. A detail of the study is highlighted as follows in an interview with the Assessment Team:
The Office of the Assistant Auditor (OAAG), Tsirang conducted the 5th Mid Term Review meeting on 19th February 2016 in Sarpang, coinciding with the auspicious day of Dawa Dangpa Tsey Chunyi.