By VIENTIANE TIMES
ASIA NEWS NETWORK
An MoU was signed this week by the President of State Audit Organisation (SAO) Dr Viengthong Siphandone and the Chairman of the State Audit Commission from the Office of the Auditor General (OAG) of Thailand, Professor Chaisit Trachoetham.
The objectives set out in the MoU include enhancement of bilateral exchanges and cooperation and to promote the respective development of public sector external auditing.
Under the agreement, the two organisations will work together to improve human resources development in both countries and to exchange lessons learnt.
In addition, the two sides will help to share their efforts in strengthening capacity building of staff.
The MoU signing was a part of the short working visit Laos by Prof Chaisit and his delegation, aiming to further enhance cooperative ties in the field of auditing between the neighbouring nations.
During the meeting, Prof Chaisit discussed Thailand’s national audit system, the role of OAG Thailand in anti-corruption efforts and the strengthening of capacity building of OAG’s staff. In turn, the strengthening of the role of SAO in the Lao context was outlined.
The organisation has committed to upgrade professional skills for its auditors to fulfill its mandate and requirements to ensure greater transparency and prevent corrupt practices nationwide.
According to the SAO, the organisation is seeking to improve its performance to fulfill the increasing requirements for highly professional public sector auditing in Laos.