"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 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:
The Royal Audit Authority has finalized its Annual Audit Plan 2014-2015 and endorsed for implementation w.e.f July 1, 2014. The Plan is prepared in line with the RAA’s Strategic Plan 2010-2015. It entails 4th Year review status of the Strategic Plan, Audit Thrust Areas and the detailed Annual Audit Schedules for the coming year. It is expected to impart necessary information on the past achievements or challenges encountered and shed lights in understanding the RAA’s priorities for the Year 2014-15.
In an effort to improve the techniques for measuring performance of auditors and to enhance the overall auditing system, the RAA has brought out two booklets ‘Audit Performance Evaluation Management System’ (APEMS) and the ‘List of Agencies under RAA’s jurisdiction for 2014-15’. The publications were finalized after considering comments and feedbacks received during the Mid-Term Review Meeting 2013-14 held in March 2014 at the Office of the Assistant Auditor General, Tsirang and a subsequent consultative meeting held in the headquarters in April with the Assistant Auditors General.