Chamber of Accounts hosted seminars for budget organizations within Twinning Project
Series of events for financial management staff of budget organizations within the implementation of EU Funded Twinning Project “Strengthening of the Institutional and Administrative Capacity of the Chamber of Accounts of the Republic of Azerbaijan” were held on January 16-17, 2019.
The main theme of the Seminars covering the Component of the Project concerning relations of the Chamber of Accounts with main partners as auditees, different committees of the Parliament, media and other stakeholders was “Role, duty and functions of the Chamber of Accounts”.The two-day seminars were dedicated to specific issues on main role and duties of Supreme Audit Institution worldwide, main functions of the Chamber of Accounts, position of the Chamber of Accounts among public institutions of the Republic of Azerbaijan, audit activity, duties and responsibilities of the Chamber of Accounts.
The goal of Twinning project is to increase the current capacity of the Chamber to fulfil its mandate and in this way to improve accountability, transparency, control and the reports in the sphere of public finance management in Azerbaijan. This Project will also contribute to strengthening of mutual cooperation between both institutions.
It should be noted that, relevant events on the mentioned spheres were held so far. These events included trainings on different audit types, analysis of the legislation regulating the activity of the Chamber of Accounts and its comparison with requirements of international standards, Study tours arranged for studying the experience of SAI Poland in real situation etc. Following events of the Project ending at the end of 2019 will cover conducting pilot financial and performance audits according to international standards and improvement of internal guidance on the basis of the results from these activities.