Question 123

Are the audit processes of the Supreme Audit Institution (SAI) reviewed by an independent agency?
 * a. Yes, an independent agency conducts and publishes a review of the audit processes of the SAI on an annual basis.
 * b. Yes, an independent agency conducts and publishes a review of the audit processes of the SAI at least once in the past five years, but not annually.
 * c. No, but a unit within the SAI conducts a review of the audit processes of the SAI on a regular basis.
 * d. No, the audit processes of the SAI are reviewed neither by an independent agency nor by a unit within the SAI.
 * e. Not applicable/other (please comment).

OBS Guidelines
Question 123 assesses whether and to what extent the audit processes of the Supreme Audit Institution (SAI) are subject to review by an independent agency. The latter could be a peer SAI, an international organization, an academic institution with relevant expertise, or an independent domestic agency with quality assurance functions in the area of financial reporting.

To answer “a,” an independent agency must conduct and publish a review of the audit processes of the SAI on an annual basis. Answer “b” applies if a review was carried out within the past five years, and published, but it is not conducted annually. Choose answer “c” if the SAI has an internal unit that reviews the audit processes of the SAI on a regular basis, but an independent agency does not conduct such a review. Answer “d” applies if the audit processes of the SAI are reviewed neither by an independent agency nor by a unit within the SAI.

If the answer is either “a” or “b,” please specify the name of the independent agency and when last it conducted such a review, and provide a copy of the published report. If the answer is “c,” please specify the name of the unit within the SAI that is tasked with conducting such reviews.

1) How do we interpret the 5 years timeframe?
Use the cutoff date as reference date, then 5 years means we can accept all reviews done 5 years prior that date. For OBS 2023 that would be from 1/1/2017 onwards.