The role of the auditor in combating corruption in public sector financial institutions according to the INTOSAI Guide (ISSAI 5270)

Proposed Audit Program

Abstract

Corruption is a serious phenomenon that many countries suffer from, especially developing countries, due to the adverseeffects of this phenomenon that hinder the process of progress in several fields. The current research aims to propose an audit program according to the Anti-curruption Audit GUID 5270 Issued by INTOSAI for the year 2019 to assist the supervisory and Investigative authorities in combating corruption in Iraq and reducing the waste of puplic funds, and the auditor rolein detecting it bylocal laws and regulations related to combating corruption. The research also sought to identify the INTOSAI and its approved standards related to detecting and reducing corruption and to present a proposed oversight program that considers the requirements of the INTOSAI Guide (ISSAI 5270) to combat corruption. An audit proposal was prepared based on INTOSAI standards, represented by the tools of laws and regulations related to yhe subject of combating corruption, as well as the planning budget and credit plans of the financial institution and the INTOSAI ( GUID 5270 ), while the industrial bank represented the research sample as one of the public financial institution operating in Iraq and the time limits of the research were represented bythe years (2021-2023). the research concluded that the standards and principles of the INTOSAI organization are among the critical and essential tools for practicing supervisory work and that applying these standards would lead to improving the efficiency of the auditor's work and strengthening the role of supervisory bodies in societies and enhancing confidence in the outputs of these bodies, in addition to understanding the nature of the activity of financial institutions in the public sector and the tasks of their departments and the laws and regulations under which they operate and the general strategies of the state affect the audit procedures to combat corruption.