The ability of any government to undertake external audit, where the auditor is independent of the institution or the individual it is assessing, is a vital component of a transparent and accountable public financial management system. In such a system, ministers and officials, as well as implementing partners, are held to account for spending public resources.
Effective external audit links to reduced opportunity for corruption and more effective policy development, ultimately leading to better public service delivery and greater value for money for taxpayers, both in the recipient and donor country.
Adam Smith International recognises the important role of external audit in the delivery of effective and sustainable public finances. We are a leading provider of services to support establishment and development of independent and competent audit bodies in transitional countries across the globe, including in Afghanistan, Iraq and Palestine.