Appointment and Transfer of senior officials

December 15, 2011: The Royal Audit Authority appoints two new Assistant Auditors General in the Regional Offices, Bumthang and Samdrupjongkhar. Chimi Dorji who was officiating as the Chief, Performance and System Audit Division is appointed as the Assistant Auditor General of the Office of the Assistant Auditor General, Samdrupjongkhar. He replaces Yeshi Jamtsho, AAG who will be resigning from the service in January 2012. Cheki Dorji is appointed as Assistant Auditor General, Bumthang. Prior to the appointment, he was officiating as the Chief of General Governance Division (GGD) in the RAA (HQ).

In a simple ceremony held in the Office of the Auditor General yesterday, the Hon'ble Auditor General handed over the appointment orders to the new Assistant Auditors General. The symbolic proceeding was witnessed by the Deputy Auditor General, Division Chiefs and senior officials of RAA.

The minor reshuffle also included transfers of two senior officials of the RAA. Kezang Penjor, AAG, Bumthang is transferred as Assistant Auditor General, Phuentsholing and Chekey Gyeltshen, AAG, Phuentsholing is transferred as the Chief of GGD, RAA (HQ). Meanwhile, Tashi Tobgay, Officiating Chief of Thematic Audit Division will also look after Performance & System Audit Division in addition to his current responsibilities.

The orders for appointments and transfers are effective from January 1, 2012.

Dzongkha Correspondences training for Group-2

November 28, 2011:The second round of training on “Dzongkha Correspondences” for eight candidates starts today (28th Nov 2011) in RAA hall, Thimphu and will prolong till 2nd December 2011 for five days. The course will be delivered by Sangay Penjor, Dzongkha Coordinator, RAA.

The core aims and objectives of current training on “Dzongkha Correspondences” organized by the Human Resource Division, RAA, Thimphu is to meet our organizational needs in terms of  human resource capacity in particular and to contribute towards promoting the usage of our national language in general. The training is organized as a part of Continuing Professional Development Policy of Royal Audit Authority.

Royal Audit Authority becomes member of INTOSAI WGEA

November 9, 2011:  The Royal Audit Authority, the Supreme Audit Institution (SAI) of Bhutan has joined the International Organization of Supreme Audit Institutions (INTOSAI) Working Group on Environmental Auditing (WGEA).

The INTOSAI WGEA was established in 1992 and has grown to a community of Supreme Audit Institutions of more than 70 countries which prioritizes work on environmental topics. The goal of WGEA is to promote environmental audits in the member states as well as in countries that are not members of the WGEA. The work of the WGEA is led by a Steering Committee that comprises 18 audit institutions.

The RAA as a member expects to strengthen the institutional capacity in carrying out the environmental audits through active involvement and participation in the Working Group and sharing experiences and contributing to the work plan projects of developing guidance and reference materials. In the light of global environmental issues, RAA’s accession to the Working Group has been timely and would boost its efforts in addressing the environmental issues through its work of auditing and reporting. The RAA is also a member in the Working Group on IT Audit. 

Currently, a three member delegation led by the Hon’ble Auditor General of Bhutan are attending the 14th meeting of the International Organization of Supreme Audit Institutions (INTOSAI) Working Group on Environmental Auditing (WG14), which is held in Buenos Aires, Argentina, from 7 to 10 November 2011.

Hon'ble AG to attend 14^th Meeting of INTOSAI WGEA

November 3, 2011: A three member delegation led by the Hon’ble Auditor General of Bhutan will attend the 14^th meeting of the International Organization of Supreme Audit Institutions (INTOSAI) Working Group on Environmental Auditing (WG14), which will be held in Buenos Aires, Argentina, from 7 to 10 November 2011. B.B Chhetri, Deputy Auditor General and Sonam Phuntsho, Assistant Audit Officer will accompany the Auditor General. The WG14 meeting will be followed by the Steering committee meeting (SC11) on November 11, 2011.

The meeting is expected to contribute to assembling knowledge on environmental auditing from around the globe. The active participation of the Supreme Audit Institutions (SAIs) will be facilitated through preparation of papers, making presentations and sharing their ideas in the discussions during the meeting.

The SAI Bhutan will be making presentation on Auditing Water Issues sharing experiences on legislative framework and government policies, role of RAA in preservation of natural environment and its challenges and constraints. The second presentation will be made on the audit report of Multilateral Environmental Agreements (MEAs) which was carried out recently. The RAA will share its experiences on the roles it plays with regard to the implementation of MEAs.

RAA conducts training on Dzongkha Correspondences

October 31, 2011: A five day training on “Dzongkha Correspondences” began today in the RAA’s Conference Hall, Thimphu. A total of 8 participants are attending the training.

The training is expected to provide improved skills for our staff in corresponding in Dzongkha Language. Such tailor made trainings are conducted on a regular basis to meet our organizational needs in terms of human resource capacity and also to contribute towards promoting our national language. It is organized by Human Resource and International Relations Division as a part of RAA's Continuing Professional Development Policy.

Training on Internal Control Assessment concluded

October 21, 2011:  A four day in-house training on Internal Control Assessment conducted in the RAA’s Conference Hall, Thimphu concluded yesterday. A total of 28 participants including 10 internal auditors from various ministries attended the training.

The Hon’ble Auditor General in his concluding statement said that a big turn out of internal auditors from various ministries for the training was a convergence between the external and internal auditors for a shared purpose. This development, he stressed would have far reaching impact on rationalizing and prioritizing RAA’s work on basis of work done by the internal auditors. The RAA can rely on the works done by internal auditors and gear up its efforts and focus on areas of thematic and performance issues, which demand urgent attentions. He said that though misconceptions of two professions being distinct and different prevail, there is only a thin line that differentiates one from another.

He stressed the importance of embracing the best practices in carrying out the auditing functions in their respective organizations. He recommended for a proper and appropriate planning and programming of audit and stressed the importance of presenting the audit plan as well as the output to the management. He advised the internal auditors to come up with workable recommendations through which the management can bring improvements in the systems.

The Hon’ble Auditor General also shared to the participants on the AG’s Advisory Series which was submitted to the government on the cross sectoral issues of internal control in the government system. He said that it is being followed up with Ministry of Ministry to see what and how the government has done on the recommendations offered by the RAA. He advised the Chief Internal Auditor of the Central Coordinating Agency to further follow-up with the Hon’ble Minister and the Secretary of the Ministry of Finance on this issue.

To further boost the positive developments taking place in audit fraternity and to complement each other in terms of carrying out the auditing responsibilities, the Auditor General said that RAA will always support internal auditors in terms of professional developments through various in-house trainings organized by RAA. He committed that RAA would deliver trainings to internal auditors on Planning & Programming of Internal Audit, Report Writing and Audit of Procurement once the manual is launched. In a step towards enhancing integration between the two, he said that RAA would explore possibilities of sending experienced auditors of RAA on deputations to various government agencies as internal auditors for two to three years.

Hon’ble Auditor General with the participants

The training was organized by Human Resource and International Relations Division as a part of RAA's Continuing Professional Development Policy. The in-house experts B.B. Chhetri, Sr. Deputy Auditor General and Karma Tenzin, Head, CFID, and Sonam Wangdi, Audit Officer as a facilitator delivered the course.

October 17, 2011:  A four day in-house training on Internal Control Assessment began today in the RAA’s Conference Hall, Thimphu. A total of 28 participants including 10 internal auditors from various ministries are attending the training.

The training session started with a brief introductory remarks by the Hon’ble Auditor General of Bhutan. Hon’ble Auditor General stressed the importance and relevance of the course for both the RAA’s auditors and the internal auditors. He said that such professional tie up between RAA and the internal auditors through such forum of sharing knowledge shall enhance efficacy of our common efforts in promoting and upholding transparency and accountability in the government institutions. He stated that it may also be of high relevance for the internal auditors to attend similar trainings on Risk Based Auditing, which the RAA conducts regularly. Commending the positive responses of the government agencies, the Hon’ble Auditor General also committed to organize training on Audit Planning exclusively for the internal auditors in near future within the available resources.

The training is organized by Human Resource and International Relations Division as a part of RAA's Continuing Professional Development Policy. The in-house experts B.B. Chhetri, Sr. Deputy Auditor General and Karma Tenzin, Officiating Chief, CFID, will deliver the training and Sonam Wangdi, Audit Officer will participate as a facilitator.

October 11, 2011: Chekey Gyeltshen, Assistant Auditor General, Office of the Assistant Auditor General, Phuentsholing  will be attending the ASOSAI Seminar on “ How to Integrate Ethics and Integrity into the Auditing Practices of an SAI” to be held in Seoul, Republic of Korea from October 11 to 14, 2011.

The Seminar will bring together experienced, senior audit professionals from ASOSAI member SAIs to discuss and share experiences in best management practices with regard to integrating ethics and integrity into the auditing practices of an SAI.

The Seminar of such type is organized in alternate years to facilitate knowledge sharing among member SAIs.

RAA transfer three officials

September 22, 2011: As per the Transfer Order No. RAA/HRIRD (HR-03)2011/2662 of September 21, 2011, three officials have been transferred to different Divisions as below:

Ugyen Dorji, Chief Audit Officer, Policy, Planning & Annual Audit Report Division is transferred as Assistant Auditor General at the Office of the Assistant Auditor General, Tsirang and is effective from October 1, 2011.

Course design and development workshop concluded

September 14 2011: A week long course design and development workshop conducted in the RAA’s Conference Hall, Thimphu has been concluded on September 9, 2011. A total of eleven officials were involved in the design and development of five course materials as below:
 

The course materials that have been designed are slated to be delivered to the auditors as per the need assessment carried out in July 2011.

Dechen Pelden, Officiating Chief, Human Resources and International Relation Division (HRIRD) had organized and coordinated the workshop.

Three officers join office after studies abroad

September 7 2011: Three Senior Audit Officers namely, Dorji Wangchuk, Minjur Dorji and Bhim Bdr. Burja joined office on September 05, 2011 after successful completion of Masters in Business Administration (MBA) at the Haque University of Applied Sciences, the Netherlands.

The course was funded by the NUFFIC under multiyear agreement signed between the Royal Audit Authority (RAA) and the Netherlands.

September 7 2011: In what could be called a nail biting match, the final match of Group E played between RSTA and Thimphu Thromde on September 06, 2011 unexpectedly ended in a draw (2-2), ending the prospect of RAA qualifying for the knockout stage in the on-going Departmental Football Championship 2011.

Final Table of Group E

The taste of triumph over ACC and Thimphu Thromde was short-lived and over-shadowed by the failure to win the last qualifying match against the RSTA on September 03, 2011. The team is only to be blamed for failing to capitalize on several oppurtunities missed during the match which ended in defeat (2-1).

Nonetheless, RAA is poised to rebuild the team and come up strongly in the next season.

RELEASE OF FIRST-EVER RAA’S NEWSLETTER

8 August 2011: In the face of rising aspirations and mounting pressure for quick and efficient delivery of public servic

n delivering audit services.  Embracing best international practices and institutional capacity development are indisputably closely related to enhancing capabilities and professionalism.

As value adding activities, the RAA is pleased to publish its first biannual NEWSLETTER that is expected to serve as a forum for information exchange, covering current events and other capacity development initiatives undertaken by the Authority.

As per the provision of the Constitution of the Kingdom of Bhutan, the RAA provides vital assurance as to the transparency and accountability in the utilization of public resources.

Football Updates

August 29, 2011: In the third match of the qualifying round of the Departmental Football Championship 2011 played at Changjiji ground on 28^th August 2011, the RAA defeated Thimphu Thromde (2-1).

Karma Jambayyang, one of the prolific strikers scored the first goal (his fourth goals so far).

Kinlay, who came as a substitute in the second half of the match made an instant impact by scoring the second goal. Presently, the RAA Team has seven points from three matches with one match to be played on 3^rd September 2011.

MATCH FACTS

RAA Team: Namgye, Chimila, Dawa, Kencho, Payrey, Jamtsho, Jigme, Sonam, Tshering (Ugyen 95), Kinlay (Karten 45), KJ Yang

Subs Not Used: Cheki, Gaza, Namgay, Sonam, Diliram

Scorers: KJ. Yang, Kinlay

Booked: Kinlay

RAA takes part in Departmental Football Championship 2011

August 24, 2011: In the ongoing Departmental Football Championship organised by Clover Event Management, the RAA Team is placed in Group E alongside Teams from the ACC, RCSC, Thimphu Thromde and RSTA.

In the first match played against the team from ACC on 15th August 2011, the RAA team defeated the ACC team 4-2. However, the RAA team drew the second match played on 23rd August 2011 against the team from RCSC (1-1). The Team is adamant that it would come up strongly in the remaining matches of the qualifying round to secure a place in the knockout stage.

The next matches of the qualifying round are against Thimphu Thromde and the RSTA on 28th August 2011 and 3rd September 2011 respectively.

Table as of 24^th August 2011

July 19, 2011: The Royal Audit Authority (RAA) made a presentation on the "RAA's roles in promoting accountability and transparency in the use of Public resources" to the graduates attending the National Graduate Orientation Program (NGOP) 2011 on 18th August, 2011.

The presentation also covered the historical evolution of the RAA, its mandates, jurisdiction, audit impact and its contribution to the four pillars of Gross National Happiness (GNH) through timely auditing and reporting.

The RAA thanked the Ministry of Labour and Human Resources for giving an oppurtunity to interact with the graduates and disseminate the roles that the RAA play in the fulfillment of Constitutional mandates.

The Hon'ble Auditor General also thanked the graduates for active participation and interaction and welcomed them to the mainstream of nation's development process.
 

RAA Team won the National Inter-Sectoral Ozone Quiz Competition on “Ozone and General Environment” organized by the National Environment Commission (NEC)

As a part of celebration of launching HCFC Phase-out Management Plan (HPMP), the National Environment Commission (NEC) had organized the National Inter-Sectoral Ozone Quiz Competition on “Ozone and General Environment” involving ten sectoral teams from various agencies.

Following the first elimination round held at Motithang Higher Secondary School on 11^th August 2011, the following teams reached the final round of the competition:

1. Ministry of Foreign Affairs;
2. Department of Revenue & Customs;
3. Association of Bhutanese Industries (ABI), and
4. Royal Audit Authority (RAA)

The final round of the quiz competition was held at Taj Tashi Hotel, Thimphu on 16^th August 2011. The Team from the Royal Audit Authority led by Tashi Tobgay, Sr. Audit Officer was declared the winner, closely followed by the team from the Association of Bhutanese Industries (ABI) as the runner-up.

The prize is slated to be awarded on 18^th August 2011 coinciding with the launching of HCFC Phase-out Management Plan (HPMP). 

The RAA family congratulated the Team and wished them success in future endeavors too.
 

Accelerating move for the Annual Audit Plan 2011-12 has begun

21 July 2011: The Royal Audit Authority (RAA) has finalized its Annual Audit Plan 2011-12 and the striving effort for the successful implementation of the Plan has just begun. The Plan is aligned with the commitments entailed in the RAA’s Strategic Plan 2010-15 where the conducting of 660 audits in the Year II is clearly reflected. The actual number of planned audits for the year 2011-12 is 727 as against 660 audits committed to conduct in the Year II. Splendidly, the actual commitment for the Year has exceeded by 67 audits as compared with the previous commitment made in the Strategic Plan. These 727 audits include financial, certification, performance and statutory audits.

As required under the Strategic Plan 2010-15, the Royal Audit Authority carried out a review of the progress made during the Year I. Remarkably, the progress in implementation of all the activities in the Year I has been commendable with over 80% achievement. For the purpose of sharing information with our stakeholders, a summary of the review of Strategic Plan 2010-15 is also included in this Plan.

Unlike in the past, the Audit Thrust Areas for the financial year 2011-12 have been identified and included as Section -IV of the Plan. Amongst others, the thrust areas were determined mainly based on the budgetary allocation and the nature of activities carried out by the respective audit entities.

Along with the names of the focal persons indentified for all agencies planned for audit, the Annual Audit Schedule 2011-12 is also included towards the end of the Plan. The commencement, completion and the report issue dates are also specifically indicated in the Schedule. For both internal and external purposes, the Agency-wise, Team-wise and Division-wise schedules are also separately categorized and shown.

Click here for Annual Audit Plan 2011-12
 

Peer Review Report 2010 Released

13 July 2011: As per the Section 86 of the Audit Act of Bhutan 2006, to ensure consistency and high standards in the field of audit, the Peer Review of the Royal Audit Authority was conducted by two senior officers from the Office of the Comptroller and Auditor General of India during the month of November-December, 2010. The Review Report consisting seven chapters, highlighting various issues of concern, addressing the areas on which the Royal Audit Authority can embark upon to meet certain standards that are critical for any audit institutions was submitted to the Royal Audit Authority in May, 2011. The report also contains implementation status of the earlier Peer Review recommendations.

The report has held high some of the best practices adopted by the Royal Audit Authority to meet best standards of other Supreme Audit Institutions. The team highly appreciated the Performance Audit, Compliance and Regularity Audit and Financial Audit Manual. Some of the important aspects of audit like competency matrix, area of concern matrix, risk analysis and accountability statement of the agency were also acknowledged as good practices by the team. The Authority’s area of focus on Environment Audit was also regarded commendable as it is felt as addressing the issue of environment conservation which is one of the four pillars of our development philosophy, Gross National Happiness.

For transparency and confidence building of our society, the Peer Review Report was submitted to His Majesty the King, the Prime Minister, the Speaker of the National Assembly, the Chairperson of the National Council, the Opposition Leader and the Chairperson of the Public Accounts Committee. The Report was also shared with the Constitutional Post Holders, Secretaries of the Ministries, Dzongdags, development partners and other stakeholders of the Royal Audit Authority.

Based on the Report, the Policy Planning Division of the Royal Audit Authority is now in the midst of formulating plan of action to implement the recommendations provided by the Peer Review team. The Peer Review of such type was also conducted in the year 2004.
 

Public Accounts Committee (PAC) presented Audit Reports to the Parliament

6 July 2011: The Public Accounts Committee (PAC) comprising of five eminent Members of the Parliament presented Audit Reports to the joint sitting of 7^th Session of the 1^st Parliament. The Reports presented were:
 

Annual Audit Report 2010;

Report on the status of past Annual Audit Reports (AAR), viz. unresolved irregularities  up to 2006, AAR 2007, AAR 2008 and AAR 2009;

Special Audit Report of Nimshong-Nabjikorphu Farm Road Construction;

Audit Report on the Operations of National Pension & Provident Fund (NPPF);

Audit Report on Civil Service Trainings;

Performance Audit Report on Human Resource Management of the Ministry of

Education;

Audit Report on Computers & Peripherals;

Audit Report on Compliance to the Multilateral Environment Agreements;

Audit Report on the Operations of the Education Development Project (EDP), implemented by the Ministry of Education, and

Auditor General’s Advisory Series 2011 on Enhancing Internal Audit System in the Royal Government of Bhutan;
 

Based on the Audit Reports, the PAC submitted 17 Recommendations to the House for deliberations and consideration by the House.

The deliberation by the House from 4th July to 5th July 2011 was attended by the Hon’ble Auditor General accompanied by the senior officials of the Royal Audit Authority including the Assistant Auditors General from four Regional Offices of Bumthang, Phuentshogling, Samdrup Jongkhar and Tsirang.
 

54th Policy, Planning and Consultative Meeting to be convened

The 54th Policy, Planning and Consultative Meeting (PPCM) will be convened from 29th June to 30th June 2011 in the RAA’s Conference Hall, Thimphu. Apart from the senior officials of the Head Office, the two days meeting will also be attended by the Assistant Auditors General of the four regional offices of Bumthang, Phuentshogling, Samdrup Jongkhar and Tsirang. Besides taking stock of achievements made and shortcomings encountered during the financial year 2010-2011, it will also delve on issues of common interest including the following items:

          Status on Resolutions of past PPCM and Annual Audit Conferences;

          Award of Auditor General’s Compliance Assurance for the three best Audit Reports of the year;

          Award of best significant audit observation of the year;

          Annual Audit Plan and audit thrust areas for the year 2011-12;

          Presentation of best Audit Reports of the year 2010, and

          Presentation on improved Audit Team Evaluation System

Furthermore, the officials of the RAA will also be sensitized by the relevant organizations on the G2C project and the recently introduced e-tool procurement system.

The monthly PPCM in the RAA serves as a forum for discussion and framing instructions on policy matters and contemporary issues.
 

Hon'ble AG to attend 20th Working Group on IT Audit Meeting

The 20th Working Group on IT Audit Meeting (WGITA) will be held in Sun City, South Africa from 15 -17 April 2011. A three member delegation led by the Hon’ble Auditor General of Bhutan will be attending the meeting.  The Working Group was created at the XIII INCOSAI (International Congress of Supreme Audit Institutions) in Berlin in 1989 to address audit institutions’ interest in the areas of IT Audit. As of January 2010, the Supreme Audit Institutions (SAIs) of 37 countries represents the Working Group and it is chaired by the Hon’ble Shri Vinod Rai, the Comptroller and Auditor General of India.

The Working Group is primarily dedicated to support Audit Institutions in developing knowledge and skills in the use of Information Technology related to audits by providing information and facilitate exchange of experiences and best practices among the Institutions.

The WGITA also fulfills its mission and mandates by implementing the triennial work plan which consists of various projects. Projects are selected after reviewing the needs of SAIs and the deliverables from best practice guides and other audit materials. It is the dedication and effort of individual SAIs, who leads and support projects as project leaders and members that make the WGITA work.

During the 19th WGITA held in Beijing in 2009, the house selected five projects from various topics proposed by the SAIs and the initiation proposals were presented by the project leaders to the XX INCOSAI meeting. The Royal Audit Authority is also involved as a member in two projects.

The meeting, besides getting updates on the working group website and its journal ‘intoIT’, will discuss on the progress of ongoing five projects. The RAA will be making a presentation on “concept paper on Audit Resource Management System” during the second day of the meeting.

Launching of Video Conferencing in the Royal Audit Authority (RAA)

March 24, 2011: As envisaged in Goal 3 of the RAA’s Strategic Plan 2010-2015, Video Conferencing will be launched at the RAA’s Conference Hall, Thimphu on 25^th March 2011 by His Excellency Lyonpo Minjur Dorji, the Hon’ble Minister of Ministry of Home & Cultural Affairs.

The RAA, Head Quarter based in Thimphu will be directly connected with four Regional Offices located in Bumthang, Phuntsholing, Samdrup Jongkhar and Tsirang. The technology will bring tremendous benefits both financially as well as on human resources. At the external level, it is intended to facilitate conduct of audit entry and exit conference with the audited agencies that have same requisite facilities at their disposal. On the internal side, it will enable the employees of the four regional offices to participate in the monthly Policy, Planning and Consultative Meeting (PPCM), which is usually held at the Head Quarter, Thimphu and keep abreast of the fast changing working environments. Further, it would facilitate in conducting the Mid-Term Review Meetings (MTRM), Annual Audit Conferences and in imparting courses on audit related subjects and others sensitization workshops to the fellow auditors and other stakeholders.

The very quintessence of launching such technology is to help reduce or eliminate the travel costs, which at present is one of the major expenses associated with the audit functions. It is indeed another milestone in the journey of the RAA to fulfill its mandate enshrined in the Constitution of the Kingdom of Bhutan “to audit and report on the economy, efficiency and effectiveness in the use of public resources”.   

The equipment for the Video Conferencing was funded by the Asian Development Bank at a total cost of over Nu.3 million.
 

APPOINTMENT OF NEW DEPUTY AUDITOR GENERAL

February 14, 2011: Mr.Jamtsho, Chief Audit Officer, General Governance Division and HR & International Relations Division, Royal Audit Authority, has been appointed as Deputy Auditor General, (EX3A), w.e.f. February 15, 2011. He was selected through open competition held on January 19, 2011.

Mr.Jamtsho joined Royal Audit Authority in the year 1993 as a Trainee Officer having selected through Royal Civil Service Commission Examination in 1992. Since then he has been holding various important portfolios within and outside the Royal Audit Authority.  He was deputed to the then Ministry of Communications as an Internal Auditor when the Government initiated Internal Auditing system in Bhutan in the year 2000. He was also the head of the Policy, Planning and Annual Audit Report Division of the RAA.

Prior to the current appointment, he was heading the General Governance Division and Human Resource & International Relations Division. As Chief of HR & IR Division for the last four years or so, he has initiated various professional and institutional capacity development activities in the RAA. He was also instrumental in securing the funding from various donor agencies for human resources & institutional capacity development of the RAA. He is the Project Director for the Construction of RAA Training Centre in Tsirang.

Mr.Jamtsho has a Chartered Management Accountancy qualification and is an Associate Member of the Chartered Institute of Management Accountants, United Kingdom.
 

Annual Audit Schedule 2010-11 Revised

In the Mid-term Review Meeting 2010-11 held from 10 -12 January, 2011 in Samdrup Jongkhar, the Royal Audit Authority had revised its Annual Audit Schedule 2010-11 for the period 1 January to 30 June 2011. The revision was mainly made as a part our modest effort in aligning with the best standard practices that were being followed in the past by the RAA and after taking into cognizance the importance of time factor and manpower that are available while conducting audits. Apart from this, it is also with an aim to make our audit schedule as realistic as possible with due regard to the priority audits that were felt necessary to be carried out over the period of next six months.            

                                             Click here for Revised Annual Audit Schedule 2010-11.

Mid-term Review 2010-2011

The Mid-term Review Meeting to review the implementation status of Annual Audit Schedule 2010-2011 of the Royal Audit Authority (RAA) for the six months period July – December 2010 will be held in Samdrup Jongkhar from 10-12 January 2011. The main agenda for the meeting will be overall review of the Annual Audit Schedule 2010-201 along with Audit Team-wise evaluation of achievement in terms of timely commencement and completion of audit, and issue of audit report on time, and discussion on revision of audit schedule for next six months period January to June 2011. The revision of the plan provides an opportunity for the respective functional divisions and regional offices to flex the schedule by considering the availability of adequate number of auditors to take up the audit, availability of key officials within the agencies on scheduled audit period, and priority assignments that Auditor General desires to take up during the next six months.

Alongside the main agenda, various other important presentations and discussions will take place during the three-day meeting viz; presentation on RAA’s Strategic Plan 2010-2015, which has been prepared aligning with the term of the Constitutional appointment of Auditor General by His Majesty the King, presentation and discussion on draft Construction Audit Manual and Procurement Audit Manual, discussion on proposed Field Audit Monitoring System (FAMS), presentation and discussion on draft Data Bank on Audit Objectives, Criteria and Procedures developed for audit of government budgetary agencies, etc. Besides, the forum of this kind is considered as information sharing and dissemination in areas confronting the auditing profession.

Since the year 2004, the RAA started conducting mid-term review of Annual Audit Schedule to make the commitments made by respective functional divisions and regional offices realistic. A total of 70 officials of the RAA will be attending the meeting.

The MTR meeting has been concluded on 12th of January 2011. Click here for Samdrup Jongkhar Declarations.