The pilot financial audit to be conducted by the Accounting
Chamber
of Ukraine with the support of the British experts
The pilot financial audit will be conducted by the
Accounting Chamber of Ukraine and will be aimed at improvement of
the auditing capacity of the Ukrainian specialists. The audit is
supported by the National Audit Office (NAO) of the United Kingdom
and the German Federal Enterprise for International Cooperation
(GIZ) and will take place during the first half of 2016 in the
framework of the plan of the Accounting Chamber of Ukraine and
within the GIZ Project of the Support to Public Finance Management
Reform.

(Left to right) Mr. Ian Rogers,
audit manager of the National Audit Office of the United
Kingdom,
Mr. Alan Banks, financial audit expert of the National Audit Office
of the United Kingdom
A number of control and analytical measures have
been realized after the new Law of Ukraine “On the Accounting
Chamber” (August 2015) has entered into force, which foresees
conduction of the financial audits. The complete audit reports are
published on the website of the Institution in compliance with the
law, the European integration processes, increasing transparency of
the Accounting Chamber of Ukraine.

(Left to right) Mr. Vasyl
Nevidomyi, Director of the Defense and Law Enforcement Audit
Department -Member of the Accounting Chamber, Mrs. Mariya
Shulezhko, Director of the Agricultural Industry, Nature Protection
and Emergencies Audit Department - Member of the Accounting
Chamber,
Mr. Mykhailo Tolstanov, Head of the International Cooperation
Department
The first working visit of the British experts to
the Accounting Chamber of Ukraine took place on 19-29 January 2016.
Joint activities on the mentioned pilot control and analytical
measure will be organized as a non-stop process until June,
followed by working visits of the NAO coaches. Totally five phases
of the project will be held.

The working meeting of the
Ukrainian and British experts
Mrs. Mariya Shulezhko, Director of the Agricultural
Industry, Nature Protection and Emergencies Audit Department -
Member of the Accounting Chamber of Ukraine noticed that the
results of the pilot financial audit will form the basis for the
guidelines on conduction of that type of audits using International
Standards of Supreme Audit Institutions (ISSAI).
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