PI-31. Legislative scrutiny of audit reports
Description
This indicator focuses on legislative scrutiny of the audited financial reports of central government, including institutional units, to the extent that either (a) they are required by law to submit audit reports to the legislature or (b) their parent or controlling unit must answer questions and take action on their behalf. It has four dimensions and uses the M2 (AV) method for aggregating dimension scores.
Dimensions and scoring
| Score | Minimum requirements for scores |
|---|---|
31.1. Timing of audit report scrutiny |
|
| A | Scrutiny of audit reports on annual financial reports has been completed by the legislature within three months from receipt of the reports. |
| B | Scrutiny of audit reports on annual financial reports has been completed by the legislature within six months from receipt of the reports. |
| C | Scrutiny of audit reports on annual financial reports has been completed by the legislature within twelve months from receipt of the reports. |
| D | Performance is less than required for a C score |
31.2. Hearings on audit findings |
|
| A | In-depth hearings on key findings of audit reports take place regularly with responsible officers from all audited entities which received a qualified or adverse audit opinion or a disclaimer. |
| B | In-depth hearings on key findings of audit reports take place with responsible officers from most audited entities which received a qualified or adverse audit opinion or a disclaimer. |
| C | In-depth hearings on key findings of audit reports take place occasionally, covering a few audited entities or may take place with ministry of finance officials only. |
| D | Performance is less than required for a C score. |
31.3. Recommendations on audit by the legislature |
|
| A | The legislature issues recommendations on actions to be implemented by the executive and systematically follows up on their implementation. |
| B | The legislature issues recommendations on actions to be implemented by the executive and follows up on their implementation. |
| C | The legislature issues recommendations on actions to be implemented by the executive. |
| D | Performance is less than required for a C score. |
31.4. Transparency of legislative scrutiny of audit reports |
|
| A | All hearings are conducted in public except for strictly limited circumstances such as discussions related to national security or similar sensitive discussions. Committee reports are debated in the full chamber of the legislature and published on an official website or by any other means easily accessible to the public. |
| B | Hearings are conducted in public with a few exceptions in addition to national security or similar sensitive discussions. Committee reports are provided to the full chamber of the legislature and published on an official website or by any other means easily accessible to the public. |
| C | Committee reports are published on an official website or by any other means easily accessible to the public. |
| D | Performance is less than required for a C score. |
Coverage
CG.
