Proper internal auditing is essential for efficient public institutions
PRESS RELEASE – October 6, 2017
On October 5, 2017, a seminar entitled “Internal control system of accounting units” took place in the headquarters of the Supreme Audit Office (SAO) in Prague. The event was organized by the SAO in cooperation with the Czech Institute of Internal Auditors and the Chamber of Auditors of the Czech Republic. Among the attendees were representatives of main auditing institutions in the Czech Republic, who presented the topic of internal auditing from various view points and emphasised its importance for the efficient functioning of public institutions as well as corporations.
In the beginning of the Seminar, participants were welcomed by President of the SAO Mr. Miloslav Kala and President of the Chamber of Auditors of the Czech Republic Ms. Irena Liškařová. President Kala expressed his support and also spoke about his satisfaction with the efficient cooperation of both the auditing institutions that pay serious attention to the internal auditing, which is a key subject for efficient public institutions.
In the following presentation, Ms. Jana Kranecová representing the Ministry of Finance pointed out that properly established internal auditing systems are essential for promoting the 3E principles (effectiveness, efficiency, economy) in public administration institutions.
President of the Czech Institute of Internal Auditors Mr. Tomáš Pivoňka demonstrated an example of internal auditing, its role in the corporate environment, and its contribution to a better corporate environment. Later, Mr. Štefan Kabátek from the SAO gave a presentation, which aimed at the internal auditing system and its insufficiencies as seen from the perspective of a supreme audit institution.
The final speech was given by Ms. Hana Mužátková from the Chamber of Auditors of the Czech Republic, who aimed at external auditors’ specific attitudes towards the issue of the internal control system. At the end of the Seminar, there was a panel discussion with all the speakers.
Communication Department
Supreme Audit Office
Seminar Internal control system of accounting units
