Please find below a series of articles shared by ASOSAI on the role of SAIs in detecting and fighting fraud and corruption.
Corruption is a global phenomenon. With globalization of economy pioneered by growth of finance capital and ICT revolution, the issue of fraud and corruption has emerged as a trans-boundary concern. The primary responsibility for preventing and detecting corruption vests with the administrative or law enforcement authorities, such as, the police or anti-corruption agencies. Role of Supreme Audit Institutions (SAIs) in combating fraud and corruption broadly revolves around verification of public accounts, regulatory compliance and adherence to standards of financial integrity. It varies considerably across the countries based on SAIs’ mandate and national legislations covering the issue of fraud and corruption.
Find the ASOSAI articles here: Articles on Role of SAIs in detecting Fraud