STATE AUDIT OFFICE OF GEORGIA

Wrap-up meeting on International Coordinated Parallel Audit of Public Debt Management Information Systems 17 March, 2015

On March 17, 2015, the State Audit Office hosted the wrap-up meeting on the International Coordinated Parallel Audit of Public Debt Management Information Systems. The meeting was held by the coordination of the INTOSAI Working Group on Public Debt and Accounting Chamber of Ukraine. Audit of Public Debt Management Information Systems is simultaneously carried out in 11 different countries. Within the framework of this internationally important meeting, the participants shared gaps identified in the Public Debt Management Information Systems and relevant recommendations.

It should be noted that the participation of the State Audit Office in the parallel audit is an important step forward for the introduction of IT Audit. One of the most important strategic tasks of the State Audit Office is the development and introduction of the IT Audit approach relevant to the international standards.  On February 5, 2015, the World Bank and the State Audit Office (SAO) signed a Grant Agreement – “IT Audit Development in the State Audit Office of Georgia” for achieving of the above-mentioned goal http://www.worldbank.org/en/news/press-release/2015/02/05/world-bank-supports-state-audit-office-of-georgia-in-implementation-and-development-of-the-it-audit-direction.

Development and introduction of the IT Audit will contribute to the improvement of the audit findings of the State Audit Office and therefore, better management of public finances. 

By hosting of this large-scaled event, the State Audit Office has further facilitated the deepening of the closer cooperation with the supreme audit institutions of different countries.