The agreement signed by the heads of NIK and the SAI of North Macedonia is the basis for tightening professional and technical cooperation to improve the quality of public finance management based on INTOSAI and EUROSAI standards, develop auditors’ professional capacity by exchanging experience and good practice and vocational training to strengthen the audit capacity. Besides, the agreement provides for exchanging information and technical literature related to the activity of SAIs, including development of auditing standards and methodology.
The agreement also addresses cooperation in terms of the digitalisation progress via innovative approach, tools and modern techniques of data analysis in the auditing procedure and in presenting the audit results, such as designing visualisation, graphics, interactive dashboard.
The agreement provides for conducting parallel, coordinated or cooperative audits in the areas of common interest agreed upon, including audits of the implementation of the UN sustainable development goals, IT audits, ad hoc audits, investigative audits, using them for artificial intelligence audits and audits to prevent corruption and fraud.
During the meeting the heads of both institutions expressed the will to continue joint audits concerning current issues, such as the recently completed audit of municipalities’ own revenues and provision of services to citizens led by the SAI of North Macedonia.