Vietnamese, South African Offices Share Audit Experience

The two sides shared experience and agreed to step up bilateral cooperation and exchanges to share experience, especially in fields of each side’s strength.
April 24, 2023 | 22:53
Vietnamese, South African Offices Share Audit Experience
Dellegates at the event. Photo: VNA

A Vietnamese delegation from the State Audit Office of Vietnam (SAV) had a working session with the regional State Auditor General of Western Cape province, South Africa to strengthen cooperation and exchange experience between the two sides, VNA reported.

During the meeting, the two sides exchanged experience in state audit activities and processes as well as in ensuring budget resources, handling financial wrongdoings during auditing, and environmental auditing, among others.

Nguyen Ba Dung, director of the SAV's Department of International Cooperation, said the Vietnamese delegation was very impressed with the auditing report of Western Cape province's regional audit agency, especially in ensuring audit quality and professionalism.

Dung also praised the province’s strength in applying information technology with cutting-edge applications and software in the audit process.

For her part, Sangeeta Kallen, business executive at the State Auditor General of Western Cape province said that the Auditor General of South Africa (AGSA) is willing to share its lessons and experience in information technology auditing, an area that Vietnam is interested in.

She also showed her interest in handling financial wrongdoings during auditing, especially forcing officials to take responsibility for their violations.

Earlier, on April 19, State Auditor General Ngo Van Tuan and his South African counterpart Tsakani Maluleke have a working session in Pretoria during which agreed to step up bilateral cooperation and exchanges to share experience, especially in fields of each side’s strength.

Maluleke expressed her interest in learning from Vietnam's auditing practices, especially how the State Audit Office of Vietnam (SAV) handles financial wrongdoings during auditing, as well as in environmental auditing.

She said the AGSA is willing to share its lessons and experience in information technology auditing, an area that Vietnam is interested in.

Tuan briefed the host about the history of the SAV, saying that established in 1994, the SAV has actively joined multilateral organisations such as the International Organisation of Supreme Audit Institutions (INTOSAI), the Asian Organisation of Supreme Audit Institutions (ASOSAI).

As one of the four founding members of the ASEAN Supreme Audit Institutions (ASEANSAI), the SAV used to serve as Chair of the ASOSAI for the 2018-2021 tenure and Chair of the ASEANSAI Strategic Planning Committee, he added.

During its operation, the SAV always strives to fine-tune its legal framework with the issuance of 39 standards according to the INTOSAI standards and many regulations to ensure the independence of the auditing agency.

According to Tuan, his agency has strengthened performance and compliance audits, focusing on issues of public concern, those prone to corruption and negative behaviours, and those serving the supreme supervision of the National Assembly.

The guest hailed the active participation of the AGSA, with a 112-year history, in various international and regional organisations, especially its involvement in many working groups of INTOSAI.

Vietnamese, South African Offices Share Audit Experience
State Auditor General Ngo Van Tuan and a Vietnamese delegation work in South Africa. Photo: VNA

The SAV leader proposed that both sides increase the exchange of delegations, including high-ranking ones, hold workshops to share professional experience, especially in improving the capacity of auditors and applying INTOSAI standards in audit activities.

Within the framework of multilateral cooperation, the SAV hopes to receive support and cooperation from the AGSA at INTOSAI forums, he said.

On the occasion, he extended an invitation to Maluleke and South African colleagues to visit Vietnam, especially in 2024 when the SAV celebrates its 30th founding anniversary.

The Vietnamese delegation also held a working session with Deputy Auditor General of South Africa Vonani Chauke, during which both sides shared their practical experience in monitoring the quality of auditing and anti-corruption measures, folIowing INTOSAI auditing standards, and improving the expertise of auditors. The Vietnamese side shared how they handle financial irregularities during the auditing process.

Two-way trade between Vietnam and South Africa in 2022 hit USD 1.3 billion.

South Africa is the largest trading partner of Vietnam in Africa, and also the only "Partner for Cooperation and Development" of Vietnam in this continent. Meanwhile, Vietnam is the ninth biggest trading partner of South Africa in Asia.

A Vietnam Day is planned to be organised in South Africa in 2023 as part of the activities to celebrate the 30th founding anniversary of diplomatic ties. The event is hoped to offer a good chance for the two countries to enhance cooperation, thus creating an impetus to soon lift the bilateral trade to USD 2 billion.

Vietnam Promotes Food, Culture at South Africa Diplomatic Fair Vietnam Promotes Food, Culture at South Africa Diplomatic Fair

Vietnam welcomes foreign friends to have a cup of wonderful, distinctive coffee from the country with 2 varieties of spring rolls and fried spring rolls ...

Efforts Made to Promote Vietnam-South Africa Comprehensive Cooperation Efforts Made to Promote Vietnam-South Africa Comprehensive Cooperation

The Embassy of the Republic of South Africa to Vietnam and the Institute for Africa and Middle East Studies (IAMES) under the Vietnam Academy of ...

Vietnam, South Africa Look to Beef up Tourism Vietnam, South Africa Look to Beef up Tourism

South Africa has made it easier for Vietnamese tourists to obtain a visa to its destinations by offering guests a greatly reduced processing time of ...

Hannah Nguyen
Phiên bản di động