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14 Nov 23
The European Union’s executive often takes a kinder view of what it achieves through its budget than the bloc’s spending watchdog, the latter has said.
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29 Sep 23
Financial support from Switzerland and the US will help supreme audit institutions improve public financial management and accountability in developing countries.
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21 Sep 23
Are supreme audit institutions the catalyst needed to boost sustainability reporting? Yes, writes CIPFA’s Nina Johansson.
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9 Jun 23
The wide scope of European Union development spending in other countries could limit the programme’s impact, the bloc’s spending watchdog has warned.
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4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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4 Jul 22
European Union auditors have identified risks that the bloc’s executive arm’s increasing use of external consultants does not provide value for money.
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31 May 22
One-third of European Union spending reported as being related to the climate was in fact irrelevant, a report has found, meaning the bloc missed its goal in the most recent budget period.
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12 May 22
More than 20 local authorities in Queensland, Australia failed to comply with internal audit and audit committee legislation, according to the state auditor.
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15 Dec 21
The auditor general of New South Wales in Australia has said she will not sign off on the state’s 2020-21 financial report while “significant accounting issues” relating to a state-owned company...
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24 Nov 21
The European Commission’s estimates of irregularities in EU cohesion policy spending represent only “a minimum level” of error and cannot be considered final figures, the bloc’s fiscal watchdog has...
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8 Nov 21
More than half of all public sector organisations do not have specific policies to combat fraud in the Canadian province of British Columbia, a survey has found.
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26 Oct 21
Cultural resistance and poor-quality financial data present hurdles to achieving real-time auditing of public spending.
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22 Jun 21
Emissions in the European Union's agriculture sector stayed the same despite more than a quarter of European Union spending on the sector being allocated to environmental projects between 2014 and...
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22 Jun 21
Professional accountancy organisations can be central to implementing, maintaining and strengthening effective public financial management, according to the Confederation of Asian and Pacific...
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18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
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23 Apr 21
The European Commission has a poor understanding of the value for money provided by its expensive space programmes due to flawed methodology, according to the European Union’s spending watchdog.
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30 Mar 21
Democracy demands that public auditors step up to provide assurance and accountability over governments’ use of algorithms, says Jan Roar Beckstrøm, deputy director general and chief data scientist...
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26 Feb 21
Mexico’s state auditor has backtracked on its findings about the president’s decision to halt building work on an airport, after previously saying it would cost three-times the government’s estimate.
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4 Feb 21
A five-year programme aimed at building the capacity of Madagascar’s Court of Accounts has been unveiled in Antananarivo.
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4 Dec 20
Claire Schouten and Vivek Ramkumar from the International Budget Partnership give examples of how cooperation between spending watchdogs and civil society have brought benefits for people.
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30 Nov 20
Central banks have promised the end of any further changes to the Basel III framework, introduced to manage risks following the global financial crisis of 2007-09.
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12 Nov 20
Supreme audit institutions face huge pressure to ensure government spending advances the public interest and aids progress of countries’ development, and need help to make their oversight full and...
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10 Nov 20
EU spending was impacted by too many errors, particularly in high-risk areas, the European Court of Auditors’ annual report for the 2019 financial year found.
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13 Oct 20
Auditors have urged France to cut spending on health insurance payments after projecting the social security system deficit will balloon by more than 20 times its size this year.