The Chartered Institute of Public Finance and Accountancy (CIPFA) and the National Audit Office (NAO) have formed a new partnership to provide capacity building support to Supreme Audit Institutions (SAIs) particularly in the developing world.
The new alliance brings together the NAO’s vast experience of auditing public bodies with CIPFA’s position as the world’s leading public sector accountancy and audit body.
The partnership agreement was finalised on 25 November 2010 at the INCOSAI Conference in South Africa.
The new partnership will particularly draw on the NAO’s experience of conducting high quality financial and Value for Money audits, developing the skills to manage audit offices and strengthening links with Parliaments. CIPFA’s main focus will be building on its existing International course provision to train the staff in SAIs. Both NAO and CIPFA will be working with SAI staff to help provide a higher quality of public service delivery, better value for money for international aid, more transparent accounting processes and accurate and comprehensive accounts.
By helping strengthen national institutions CIPFA and the NAO are working together to make it easier for international donors to honour their commitments to use country systems to manage and oversee international aid.
Alan Edwards, CIPFA’s International Director said:
‘This is a hugely important alliance. Together we can make a significant difference to the quality of audit in the public sector and thereby build greater trust in their accounts. ’
Martin Sinclair, Assistant Auditor General (international) at the NAO said:
‘This new partnership with CIPFA will enable the National Audit Office to improve its support for public sector audit in developing countries.’
CIPFA Press Office
T: 020 7543 5600
1. In March 2011 CIPFA will be holding its first International Conference on trust and accountability in public financial management. It will provide a unique forum for accountant and auditor generals, public finance professionals, elected representatives and others to debate, network, share best practice and hear from world class speakers.
2. About CIPFA
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.