Quality Standards of the Supreme Audit Institutions (SAI) and Its Role in Supporting Transparency Requirements

Abstract

The present study aims to clarify the concepts and relationships that exist between the supreme Audit Institutions (SAI) of financial control represented by the Office of Financial Control and the extent of its contribution to adopting the INTOSAI standards on transparency and accountability. In addition, its ability to support transparency requirements to reduce administrative and financial corruption by monitoring the practices and performance of government institutions using the mechanisms of accountability and transparency. To achieve this, the researcher used the analytical descriptive method by giving out questionnaire with questions and explanations to the study sample of a size of (42) people consists of auditor’s observers from State Audit and Administrative control Bureau as main tool to collect data necessary for exploring their perspectives in order to obtain the study purpose. The result of this study reveals that the there is a correlation and an impact between quality standards of the Supreme Audit Institutions (SAI) and supporting transparency requirements. Based on the study results, the researcher presented a number of recommendations the most important is the necessity of drafting texts that allow the use of reports issued by the Federal Financial Supervision Bureau by members of society as evidence of condemnation against spoilers and manipulators of public money at all levels.