FUTURE INITIATIVES:

Under an ambitious "Project to Improvement Financial Reporting and Auditing" (PIFRA), launched with the assistance of the World Bank, the Government of Pakistan is establishing a country-wide integrated financial management information system that has been configured on SAP R-3 platform requiring central networking and on-line communication with transaction nodes spread in 120 districts and 4 provinces of the country. Under this initiative, which is being supervised by the SAI Pakistan, the existing transaction-based auditing system has been replaced with a system-based approach to state auditing implemented in a client-server environment. The SAI's massive re-training and modernization of human resource requirements are also being addressed under the PIFRA initiative.

Human Resource Management

A Policy Board comprising top management of the department provides strategic guidance and approves organization-wide policies and monitors their implementation.

A centralized auditing Nerve-Centre has been established from where a country wide Audit Management Information System (AMIS) is being implemented for effective audit management and monitoring. The Centre is also envisioned as a Centre of Excellence for:

 
Implementing an INTOSAI compliant Regularity Audit paradigm for attestation of financial accountability of the Government administration as a whole by the SAI of the country.
 
   
Refining the existing Performance Audit methodology and practices and creation of the multi-disciplinary manpower structure for conducting the VFM audits and integration of the VFM audit results with the Regularity audit findings.
 
   
Instituting an arrangement under which the SAI is enabled to issue guidance for the executive departments on best financial practices, as an ongoing activity.
 
   
International exchanges for developing manuals and guidelines for Environmental Auditing & Green Accounting.
 
   
Dissemination of state of the art knowledge and skills in state auditing to the Central Asian Region.
 


   
© 2008 by Auditor General of Pakistan (All rights reserved)