Central Auditing Organization
- Central Auditing Organization
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The Central Auditing Organization (Arabic: الجهاز المركزي للمحاسبات) is an independent auditing institution established in Egypt in 1942 as an instrument of public finance control. Originally created as the Divan of Accounting, its name was changed to Divan of Auditing in 1960, before acquiring its current designation in 1964. It supervises the management of public-sector companies and government departments. It is independent of the cabinet, and reports directly to the President of Egypt, to whom it is subordinated.
In 1995 it hosted XV INCOSAI, the fifteenth triennial convention of the International Organization of Supreme Audit Institutions.[1]
References
- ^ INTOSAI: 50 Years (1953-2003), Vienna: International Organization of Supreme Audit Institutions, 2004, p. 69
External links
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