Audit Authority

Overview

The Office of the Auditor General (OAG) of Puntland State offers a comprehensive suite of audit services designed to promote transparency and accountability in public sector financial management. Our services are meticulously crafted to ensure that public entities operate with integrity, efficiency, and in accordance with established standards and regulations.

Financial Audit

Our financial audits are centered around ensuring that an entity’s financial statements provide a true and fair view of its financial position and performance. We rigorously evaluate whether these statements comply with International Public Sector Accounting Standards (IPSAS) and identify any misstatements due to errors or fraud. Our auditors verify that financial records align with supporting documents, ensuring transparency and accuracy in financial reporting.

Compliance Audit

Compliance audits are conducted to assess whether an entity adheres to relevant laws, regulations, and policies. We review governmental policies and international agreements, confirm contractual compliance, and ensure internal procedures are followed. This type of audit is essential for maintaining accountability and ensuring that public entities operate within their legal and regulatory frameworks.

Performance Audit

Performance audits aim to evaluate the efficiency, effectiveness, and economy of government programs and services. Our auditors analyze whether resources are being used optimally, program objectives are being met, and resources are procured at the best value. By identifying areas for improvement, we help enhance public sector performance and deliver better services to citizens.

Forensic Audit

Forensic audits involve in-depth investigations into suspected financial irregularities, fraud, or corruption. Our forensic auditors conduct thorough investigations, gather and analyze evidence, and prepare comprehensive reports on fraudulent activities. We play a pivotal role in providing the evidence needed for potential legal proceedings.

Specialized Audits

Our key specialized audits include:

Information Systems (IS) Audit: Assessing the reliability, integrity, and security of information systems.

Donor-Funded Projects Audit: Reviewing the financial management of donor-funded projects to ensure funds are used efficiently.

Environmental Audit: Evaluating environmental compliance and the impact of governmental activities on the environment.