Focus areas and reporting in audit and monitoring

Audit plan deals with the focus areas of audit and development work, the tasks and goals of audit work, as well as audit topics.

Audit work will focus on reforms and changes in public administration

The audit plan is a plan of implementation of the NAOF’s strategy. The operations of the National Audit Office aim at

  1. improved cost-effectiveness of the management of central government finances

  2. improved trust in the knowledge base of decision-making

  3. improved trust in open, cost-effective and sustainable operations of the central government in Finland.

By means of its audit and monitoring work, the NAOF provides Parliament, the decision-makers, and the senior public officials with significant, material and timely information. We target our audits based on the significance of the matter to central government finances.

The audit plan is based on the most significant risks identified in the risk analysis of central government finances and the national economy. In addition to the principles for targeting our audits, our planning is guided by the materiality criteria specific for each audit type and the focus areas of the planning period. Before including a topic in the audit plan, we assess its auditability.

During the planning period, our audit work will focus on reforms and changes in public administration. The aim of our audit work is to support the reform of central government and the key development actions. With our audit work, we strive to promote sustainable reform of public administration proactively.

Our audits are centred around central government finances and financial management. The NAOF forms its overall view by annually auditing the final central government accounts and the Government’s annual report, and by monitoring fiscal policy. The overall view is continuously supplemented with observations and conclusions from our other audits and reviews. The NAOF actively monitors and assesses the operating environment and changes in it, as well as identifies and assesses risks related to central government finances or financial management.

Reports to Parliament

Statutory reports submitted by the National Audit Office to Parliament include the following:

  1. the National Audit Office’s Annual Report to Parliament, as laid down in section 6 of the Act on the National Audit Office

  2. separate reports submitted to Parliament whenever necessary, as laid down in section 6 of the Act on the National Audit Office

  3. reports on the oversight of election campaign funding in connection with elections, as laid down in section 10(3) of the Act on a Candidate’s Election Funding

  4. annual reports on the oversight of political party funding, as laid down in section 9e(5) of the Act on Political Parties.

The purpose of the reports to Parliament is to serve Parliament as well as possible in its duties laid down in the Constitution. The reporting implements the interaction between the Supreme Audit Institution and the supreme decision-making body, as laid down in international audit standards. The Parliament reports include the audit observations and conclusions that are most relevant for parliamentary work in an easy-to-read and easy-to-use format. The reports are developed in cooperation with the decision-makers.

General principles for the development of quality management

The National Audit Office will continue to revamp its quality management model as part of the implementation of its strategy. The key observations and development needs related to quality management in each audit type will be submitted to the NAOF’s management forums for discussion. Quality management is based on the audit instructions. Quality management is reported on annually in the financial report. As part of its quality management, the National Audit Office requests external experts, such as members of the Scientific Council, to assess the quality of selected audit reports. These external assessments are submitted to the NAOF’s management for information.