1. NEW DEVELOPMENTS IN THE STATE AUDIT OFFICE OF THE REPUBLIC OF LATVIA
Inguna Sudraba
Auditor General
State Audit Office of the Republic of Latvia
Kr.Valdemāra Street 26, Riga LV-1010
Telephone:
Fax:
Home page:
September 2007

2. Results achieved in 2007 according to strategic development Objective 1 – Strengthening the role of the SAO as an external auditor
Establishment of quality management system (QMS)
More effective audit planning – based on identified risks and priorities

3. Establishment of QMS Elaboration of descriptions for all SAO processes
Introduction of audit process quality management system

4. Audit process quality management

5. To ensure effective audit planning (1)
Aims of sector analysis:
Comprehensive understanding of the sector
Proposals for audit topics based on identified risks and problems
Sector analysis address:
Legal basis
Administrative structure
Financing
Performance measurement
Risks and problems

6. To ensure effective audit planning (2)
Pilot project – analysis of environmental sector
Time schedule:
Analysis in all sectors completed by end of 2008
Annual update
Completed sector analysis in health sector
Ongoing sector analysis:
Defence, agriculture, education, state revenue and local governments

7. Results achieved in 2007 according to strategic development Objective 2 – Ensuring sustainable development of the SAO
Establishment of Human Resources Management and Development Plan
Establishment of SAO performance measurement system:
Quantitative indicators
Qualitative indicators

8. Establishment of SAO performance measurement system (1)
Introduction of 10 performance indicators
Monitoring of accomplishment – continuous process
Results reflected in annual report
6 of 10 indicators will be reflected in 2007 Annual Report
Others in 2008 and 2009 Annual Report

9. Establishment of SAO performance measurement system (2)
Performance indicators
For internal purposes
to allow the management to assess the development and take appropriate decisions
For external purposes
for informing public and other institutions about the performance of the SAO

10. Results achieved in 2007 according to strategic development Objective 3 – Planning and management of the SAO resources
Elaborated training programmes for all types of audit
Formation of audit teams to introduce new audit approach
Use of IT tools in audit to enhance work quality and efficiency

11. Introduction of new audit approach
Parallel audits are conducted
Within EUROSAI WGs
On corporate income tax subsidies granted for SMEs
On implementation of program “Natura 2000”
Within Contact Committee WGs
On value added tax
On planning, monitoring and cost efficiency of EU Funds projects
Audit on Latvian-Russian border crossing and customs posts operation together with Account Chamber of Russian Federation

12. Use of IT tools in audit (1)
Customization of TeamMate
Adaptation of:
TeamSchedule
EWP
TeamCentral
TeamMate TEC
Development of training programmes
Pilot audits begin in September 2007
Use by all audit departments on one by one basis starts in mid-2008

13. Use of IT tools in audit (2)
Introduction of IDEA:
IT auditors of SAO – consultants and trainers
Pilot audits are carried out
Training provided
General training
Advanced level training for 1 person of each sector
Elaboration of common approach for application of IDEA in audits of annual accounts

14. Thank you for attention!
The State Audit Office of the Republic of Latvia Phone: Fax: