First Steps Are Being Undertaken To Apply Inner Audit System In Arme

FIRST STEPS ARE BEING UNDERTAKEN TO APPLY INNER AUDIT SYSTEM IN ARMENIA’S STATE MANAGEMENT SPHERE

ARMENPRESS
Oct 21, 2009

YEREVAN, OCTOBER 21, ARMENPRESS: First steps are being undertaken to
apply inner audit system in Armenia’s state management sphere. For
the complete implementation of this reform 1-2 years will be needed.

Fifth three-day workshop for inner auditors of the public sector
kicked off today within the framework of PEM-PAL ("State Expenditure
Management-Initial Training Support") program. Representatives of
15 countries are participating in the event. The program is being
carried out with the support of the World Bank for development of
abilities in the public finances management sphere of European and
Central Asian countries.

The participants of the workshop discuss issues on development of audit
skills as well as issues relating to reforms in the inner audit sphere
of Armenia. The previous workshops of PEM-PAL took place in Slovenia,
Turkey and Moldova.

Head of the Armenian Finance Ministry’s Purchasing Process Regulation
and Budget Implementation Methodology Department Karen Brutyan said
that those countries are participating in the workshop which have
successfully applied the inner audit system or are on the way of
doing it.

He said the goal of the meeting is first of all to get acquainted with
the international tendencies and issues in inner audit and the second
discuss the changes in Armenia through the exchange of experience
"not to repeat the mistakes of these countries and apply the system
more effectively." In Armenia the applying of the system is highlighted
particularly within the framework of European Neighborhood policy.

General responsible of the World Bank’s Armenia and Georgia’s financial
management Arman Vatyan said that as a result of applying inner audit
system it is expected to increase the efficiency of management of
financial flows.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS