March 25, 2013 – Port of Spain, Trinidad and Tobago – Caribbean region public sector auditors met in Port of Spain from March 18-21. With a theme of “collaboration to promote best audit practices”, the Caribbean Organization of Supreme Audit Institutions (CAROSAI) held its ninth Congress on the occasion of the 25th anniversary of the organization that was formed to promote greater accountability by governments throughout the Caribbean.

The auditors heard from a number of speakers who focused on the challenges facing the Supreme Audit Institutions including the implementation of the United Nations resolution requiring independent national public sector audit institutions and implementation of new international auditing standards.  With most countries facing difficult economic conditions, severe austerity measures and charges of inefficient government operations, the auditors are implementing a plan to help their governments achieve greater efficiencies and reduce wasteful expenditures.  Each auditor will ensure their work plans are addressing these challenges.

Attending the four day conference were the heads of the national audit offices of the Caribbean region, Mr. Terrence November, the Auditor General of South Africa who is also President of the International Organization of Supreme Audit Institutions (INTOSAI), Dr. Josef Moser, the Secretary-General of INTOSAI and President of the Austrian Court of Audit, and representatives of various stakeholders and donor organizations who support CAROSAI with funding and expertise. Those organizations included the Inter-American Development Bank, INTOSAI Development Initiative (IDI), CCAF-FCVI, ACCA-UK and World Bank.

“As the incoming chair, I am pleased to see the high level of collaboration between the audit offices of CAROSAI”, said Mrs. Sharman Ottley, Auditor General of Trinidad and Tobago, “we are now better positioned to do more effective audits in our own audit offices.”

The auditors are exploring opportunities to undertake a cooperative audit of revenue collection throughout the region and report the results to their respective governments. The audits will report on how well their governments are assessing and collecting taxes, duties and fees.  Led by Mr. Leigh Trotman, Auditor General of Barbados, work on this initiative will begin in the coming months. Mrs. Lyn Provost, the Auditor General of New Zealand also shared her experience as Secretary-General of the Pacific Association of Supreme Audit Institutions about how their group of public sector auditors is dealing with similar challenges with their organization.

Attending the congress from the Cayman Islands was Auditor General, Mr. Alastair Swarbrick. “I am looking forward to working with my colleagues in CAROSAI to discuss the recommendations from the congress with our parliamentarians in the coming months,” he said upon returning from the Congress at which he was elected as a member of the Executive Committee.

CAROSAI was formed in 1988 to promote greater public sector accountability in the Caribbean region. With 22 member nations, the heads of the Supreme Audit Institutions meet every three years to approve their strategic plan, collaborate on best practices and training opportunities, and elect the executive committee. For more information, visit the website at:

www.CAROSAI.org

 

See also iNews Cayman story today (27) “Developments in the CAROSAI Region”