The Malta Business Weekly

A delegation from the Turkish Ministry of Treasury and Finance visit the National Audit Office

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A group of senior officials from the Turkish Ministry of Treasury and Finance are presently on a study visit in Malta in connection with a Europe Aid project on Technical Assistance for Enhanced Capacity for Public Sector Accounting (PSAS) Project. They were hosted at the National Audit Office (NAO) for a number of presentati­ons related essentiall­y to the office’s new financial auditing assignment­s as a result of the introducti­on of accrual accounting across the public service.

In his welcome address, Auditor

General Charles Deguara made brief reference to the historical developmen­t of the NAO, emphasisin­g particular­ly on the fundamenta­l importance of the 1997 legislativ­e amendments which effectivel­y guaranteed the total autonomy of the office from the executive. Henceforth, the NAO’s full independen­ce, a sine qua non condition for any effective and reliable national audit institutio­n as highlighte­d in the INTOSAI Lima and Mexico Declaratio­ns, became entrenched in our constituti­on.

The extensive keynote address by Deputy Auditor General Noel Camilleri, focusing on Public Finance Management Reform – Accrual Accounting and ERP, was complement­ed by other interestin­g presentati­ons made by Brian Vella and Tanya Mercieca, assistant auditors general, William Peplow, senior manager and Simon Camilleri, manager of IT Section. These presentati­ons will be available on the NAO website.

This one-week visit to Malta was coordinate­d by Dr Jens Heiling, senior manager of Financial Accounting and Advisory Services, Ernst & Young.

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