Within the framework of an experience exchange visit on 26–27 February, the State Audit Office hosted colleagues from the supreme audit institution of Lithuania (Lietuvos Respublikos Valstybes Kontrole). The aim of the meeting was to share with Lithuanian auditors the experience of the State Audit Office in selecting themes for audits in the field of education and culture. Lithuanian colleagues were mainly interested in the on-going audit on the effectiveness of management of capital companies owned by the Ministry of Culture.
“Becoming an internationally recognised competence centre of the public sector is one of the new strategic goals of the State Audit Office. In striving for better state administration, it is crucial to improve auditing work, which means also the development of international auditing standards. Bilateral meetings enable to analyse the problems of the particular field in more detail, wherewith both colleagues from other countries and our own auditors are developing their professional abilities”, the Auditor General Elita Krūmiņa evaluates the cooperation of audit institutions.
The auditors of the State Audit Office familiarised Lithuanian colleagues with the process of selecting audit themes, matters and criteria: analysis of sector risks and available information, and examination of applications submitted by the public and officials. Two audits were demonstrated for analysis: an audit on the effectiveness of the higher education funding system and the ongoing audit on the effectiveness of management of capital companies owned by the Ministry of Culture. The latter interested visitors the most, as the supreme audit institution of Lithuania is preparing for the performance of a similar audit.
In assessing the effectiveness of management of capital companies — theatres, concert organisations — owned by the Ministry of Culture, Latvian auditors observe OECD guidelines on the management of state-owned capital companies and, in exchanging experience with Lithuanian colleagues, explained how international principles are applied to the Latvia’s situation, taking into account changes introduced to laws in recent years.
Within the framework of the experience exchange visit, colleagues from the supreme audit institution of Lithuania also visited the Ministry of Culture to find out the legal status of professional theatres and concert organisations, their funding and supervision in Latvia.