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Fraud and corruption causes tremendous damage to public institutions ranging from financial loss, to loss of organizational performance, reputation and credibility. Supreme Audit Institutions are one of the key players in the fight against corruption. By virtue of their oversight of public finances and their role in promoting transparency and accountability in the public sector they play an important role in creating an enabling environment for good governance.
SAIs, however, have differing mandates for fighting fraud and corruption, and face significant challenges in meeting the expectations of stakeholders when it comes to preventing, detecting and reporting on fraud and corruption.
In order to discuss and consider the challenges that SAIs within the Network face in combating fraud and corruption the SAI of Albania has agreed to host a roundtable. The roundtable will provide an opportunity to present the expectations for SAIs in combatting fraud and corruption and examples of practice in EU Member States and Network countries. The roundtable will also provide an opportunity for Presidents and Auditors General as well as senior management of SAIs of the Network, to discuss amongst each other the issues and challenges they face in dealing with fraud and corruption, as well as potentially identifying solutions.