The Role of Supreme Audit Institutions in Enhancing Financial Governance in the Public Sector

Abstract

This study aims to shed light on the role of the Supreme Audit Institutions in strengthening financial governance in the public sector, especially as it is one of the most important mechanisms. The study was based on the descriptive approach through the study and analysis of the standards of the International Organization of supreme audit institutions (INTOSAI) and its various issues and directives aimed at enhancing transparency, accountability and efficiency in addition to other références. The results have concluded that these bodies not only play their traditional role in auditing financial accounts, but also monitor government performance as a whole, ensure compliance with standards and references, and also contribute to improving financial governance through their role in the transition from item budgeting to program and performance budgeting, as well as the transition from cash-based accounting to accrual-based accounting, their role in rationalizing spending and control over the management of public property and public transactions, as well as monitoring public debt management and privatization performance, and fighting corruption .in some countries, these roles may go beyond advisory and predictive roles. Accordingly, the study recommended updating the legal frameworks of the Accounting Council and its departments, strengthening its institutional and financial independence, providing the necessary audit resources, improving financial record-keeping systems, as well as ensuring periodic review of its work by international bodies to enhance its credibility and supervisory performance