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WB, Georgian State Audit Service sign grant agreement

Business Materials 6 February 2015 15:36 (UTC +04:00)
The World Bank and the Georgian State Audit Service signed a grant agreement worth $500,000 for the project entitled "Development of IT audit in the state audit service".
WB, Georgian State Audit Service sign grant agreement

Tbilisi, Georgia, Feb. 6

By Nana Kirtzkhalia - Trend:

The World Bank and the Georgian State Audit Service signed a grant agreement worth $500,000 for the project entitled "Development of IT audit in the state audit service".

The agreement was signed by WB Regional Director for the South Caucasus Henry Kerali and Auditor General Lasha Tordia, the service said.

The main objective of the project is the implementation of the information technology and its development in accordance with the relevant international standards on auditing. This is the State Audit Service's response to the risks associated with the introduction of e-governance in the public sector.

The project has three components, namely, the implementation of the information technologies required for the audit, an information system, development of IT-auditors' opportunities and the project governance.

"The State Audit Service, as the highest supervisory body of the country, has taken important actions in developing and strengthening of its activity," Kerali said. "The recent successful development strategy was aimed at strengthening the professional opportunities, institutional development, strengthening of corporate image and improving of external communications. The project will help IT-audit specialists implement the modern approaches."

Edited by CN

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