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INAUGURAL ADDRESS BY DR. KHETAN SHUKLA, CHARGE D'AFFAIRS (a.i.), EMBASSY OF INDIA, AS CHIEF GUEST FOR THE OPENING CEREMONY OF THE 5TH INDO-BHUTAN AUDIT TRAINING ON "AUDITING IN AN IT ENVIRONMENT".

Time: 9.30 AM; Date: 20 June 2005; Venue: BCCI Hall.

Dasho Kunzang Wangdi, Auditor General of Bhutan, Shri V. Ravindran, Accountant General, Kerala, Shri N. K. Sah, Deputy Director from C&AG's Office, New Delhi and Mr. Tshering Kezang, Assistant Auditor General, ladies and gentlemen.

It is my privilege and honour to inaugurate the Seminar "Auditing in IT Environment". India is deeply committed to Bhutan's economic development. The India-Bhutan Audit trainings have their roots in MoU signed in December 2001. As of date, 6 graduates have successfully completed the Indian Audit and Accounts Service Course in Shimla and two are under training. In May/June 2005, 17 officials have completed the "Performance Audit Course" from Office of the Accountant General of Haryana. It is a matter of great satisfaction that 4 audit courses have been completed and today we are here for the inauguration of 5th Course on Auditing in IT Environment.

The audit institution of a country, and the auditors, play a very important role in ensuring the proper and accountable functioning of the government. They contribute to good governance by ensuring transparency and implementation of rules and procedures in public finance. Proper audit of accounts ensures regularity, propriety, and value for money in public spending, by following the principle of 3Es- Economy, Efficiency and Effectiveness. Audit reports form an important element of the monitoring and corrective mechanism in any government.

The Royal Audit Authority has over the years established itself as an efficient and professional institution. The work of the Royal Audit Authority has been lauded by the National Assembly of Bhutan and the general public. The auditors have also helped to streamline the accounting and financial aspects of Government of India aided projects in Bhutan. The Royal Audit Authority has also introduced the exemplary practice of its own external audit through a Chartered Accountant. Bhutan has a long association with the Indian Audit & Accounts Staff College in Shimla, where Lyonpo Dago Tshering, Ambassador of Bhutan to India, was the first to attend a course in 1964-65.

The internet IT revolution started in Bhutan with the introduction of internet in 1999 coinciding with the Silver Jubilee celebration of His Majesty's 25 years of glorious reign in the country, which truly ushered Bhutan into the information age.

With the establishment of multipurpose telecentre in 10 Dzongkhags, the general public can have access to the internet and communication facilities. Local farmers, students, teachers, businessmen/women and government employees will greatly benefit in their daily activities from the vast information resource and communication versatility of the internet.

The establishment of Government of India Intranet Fibre Optic Work will facilitate e-governance, e-clearing, e-commerce and overall ICT development.I am sure with this course, the participants would get better understanding of the IT and its applications in auditing. The 21st Century is a century of IT and bio-technology. As you all may be aware that in 2000 because of Y2K problem, there was a panic globally and IT is now prevalent to all walks of life.

Bhutan will be a step closer to becoming a member of global village en-route to rapid progress to modernization with deep roots in tradition.

I take this opportunity to thank Dasho Kunzang Wangdi for inviting me for inaugurating this important Seminar and I hope the cooperation between our two audit institutions would continue to flourish in the times to come.

I wish the training programme all success.

Thank you and Tashi Delek.    

 
 

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