Database in auditing activities
The conference will take place from September 10 to September 12 with the theme: "Data governance - a new effective tool in auditing - from the perspective of data quality" - attracting delegates from 22 supreme audit institutions (SAIs) and 3 international organizations: the African Organization of English-speaking Supreme Audit Institutions (AFROSAI-E), the INTOSAI Development Initiative (IDI) and the European Organization of Supreme Audit Institutions (EUROSAI IT) Information Technology (IT) Working Group.
Participating as an observer since 2020, by October 2023, the State Audit of Vietnam had become an official member of INTOSAI WGBD and had made positive contributions to the activities of the Working Group.
The State Audit of Vietnam - said that to meet the requirements of the new situation, this agency has built and issued fundamental mechanisms and policies, as a basis for implementing information technology activities; and built the database architecture of the State Audit of Vietnam.
The implementation of the project to build database architecture , develop synchronous information technology infrastructure, data center meeting technical standards, apply information technology to serve management and operation and support audit activities as well as ensure information security at each level is a breakthrough step of the State Audit of Vietnam, in line with the digital transformation process and initially forming a new audit field based on artificial intelligence with new audit methods, direct access to information technology systems and original data, organizing systematic and national comparison and inspection of big data.
6 tasks to activate data
At the conference, Mr. Ma Wenhui - Deputy Auditor General of China - said that new technologies with Big Data, Internet of Things, AI are flourishing and all countries in the world are using big data to modernize the social governance system, national governance and public audit is a very important component of national governance.
Therefore, SAIs are also facing more challenges when data is not standardized, and there is still room for technology application to do better.
Data governance is a complex, systemic task involving many parties. To enhance data governance, it is necessary to focus on developing and improving audit capacity and have the collaborative efforts of all parties to promote the implementation of 6 tasks to activate data including:
Building a data system and clearly defining responsibilities between data management agencies and auditing agencies; Improving data management, analysis and data standardization mechanisms; Improving the system to optimize data storage and algorithms; Improving the data licensing system to help auditors access more easily and effectively; Improving the efficiency of applying innovative mechanisms to facilitate data integration, coordination between on-site and remote audits; Ensuring compliance and data security through strengthening data security management systems.
Next, Mr. Bui Quoc Dung - Deputy State Auditor General affirmed that data is an asset of governance, a tool for us to work together to build policies that motivate accountability. The potential of big data comes with a series of challenges, the important thing is to exploit this data effectively. Therefore, during the 2 days of the Conference, we will exchange good practices and work together to solve the challenges we face, demonstrating our ambition to work together to shape public audit in the digital age.
Also at this Conference, delegates can exchange and learn experiences about the role of SAIs in promoting big data auditing to contribute to the success of the Conference and for the common development of INTOSAI WGBD.