problem1. Briefly describe what public sector audit is
problem2. The mandate of the Supreme Audit Institution (SAI) or other laws normally prescribes which entities are subject to audit and generally include the whole government administration. The INTOSAI Postulates state that full scope government auditing includes regularity and performance audits.
(i) Regularity audit
(ii) Performance audit
problem3. The public sector auditor's credibility basically relies on objectivity and professionalism. These fundamental attributes require that the Supreme Audit Institution (SAI) not only function independently but also be perceived to do so.
Discuss the factors that enhance the independence of the SAI.
problem4. The SAI must possess the competence to apply methodologies and practices that deliver results of the highest professional quality and integrity, commensurate with the responsibilities entrusted to it.
Discuss how the SAI maintains its professional integrity.