"A premier audit institution that promotes value for money in government operations and contribute towards good governance”
"To audit without fear, favor or prejudice on the prudent and effective use of public resources and report to the Parliament and stakeholders for enhancing transparency and accountability in the government”
The Royal Audit Authority launched its second Strategic Plan 2015-2020, today 27th July 2016. The event was graced by His Excellency Lyonpo Namgay Dorji, the Minister for Finance, also present were representatives of the various media houses and officials of the RAA. The Strategic Plan document is a roadmap that the RAA will forge towards attainment of newer heights and meeting aspirations of stakeholders, adding value and benefits to the citizens.
Sixty Auditors will leave for training programme on International Standards for Supreme Audit Institutions (ISSAI) to be held from 25th July 2016 to 5th August 2016 at iCISA, New Delhi.
A team from the Royal Audit Authority presented the Annual Audit Report 2015 to the Public Accounts Committee and other Members of Parliament. The presentation covered in brief the contents of Annual Audit Report 2015. The house had a robust discussion on various issues reported by RAA in the report. The Members of Parliament while commending the work done by RAA and acknowledging the evolution of RAA’s reports, also provided suggestions and feedback on further improving the quality of the Annual Audit Report.
A two-member team led by the Deputy Auditor General for Department of Performance and Commercial Audit attended the Audit Seminar for ‘SAIs along the Belt & Road Route’ held in Nanjing, China from 27th June to 6th July 2016. The seminar hosted by the National Audit Office of China (CNAO) and the Ministry of Commerce of China aimed to continuously promote good national governance through auditing and was composed of keynote speeches, presentations and open discussions on serval themes, including functions of national audit, organization of audit projects, big-data analysis in audit, agricultural project audit and foreign funds audit, among others. The participants also visited regional and local audit offices in Nanjing & Shanghai.
The Royal Audit Authority (RAA) released its Annual Audit Report 2015 and Performance Audit Reports on Gewog Development Grant 2016, Disaster Management 2016 and Business Income Tax Administration 2016. The reports were tabled in the Parliament on 30th June 2016 as required under the Constitution of the Kingdom of Bhutan and the Audit Act of Bhutan 2006.
A total of 24 officials of the RAA, including four officials for meritorous promotion received their promotion order today from the Auditor General.