|Order||Name of the post||Approved||Working/Exisiting||Vacant|
|5||Audit and Accounts Officer(A&AO)||130||126||4|
Types of Audit:
Compliance audit deals with the responsibility of the Office of the Comptroller and Auditor General (OCAG) of Bangladesh to audit whether the activities of public sector entities are in accordance with the relevant laws, regulations and authorities that govern such entities. This involves reporting on the degree to which the audited entity is accountable for its actions and exercises good public governance. More specifically, these elements may involve auditing to what extent the audited entity follows rules, laws and regulation, budgetary resolutions, policy, established codes, or agreed upon terms, such as the terms of a contract or the terms of a funding agreement.
The objective, scope and nature of a particular compliance audit depend on a number of factors, including the mandate and constitutional role of the OCAG, as well as laws and regulations that are relevant to the audited entity. However, in general, the objective of the compliance auditing is to enable the OCAG to report to the appropriate bodies on the audited entity’s compliance with a particular set of criteria. Such criteria may be derived from relevant financial reporting frameworks, laws, regulations, parliamentary decisions, terms of contract agreements, or may be other criteria deemed by the auditor to be suitable criteria.
Areas of Compliance/Financial Audit:
Performance Audit has been incorporated in the audit portfolio of the Office of the Comptroller & Auditor General of Bangladesh [OCAG] since 1999. The OCAG realizes that in Bangladesh, where resource constraint is a major issue and a significant amount of public expenditure is financed by public debt, an independent evaluation of the economy, efficiency and effectiveness with which public resources have been used is essential. Therefore, Performance Audit was introduced by OCAG in addition to Financial and Compliance Audits for ensuring accountability of the executive to the Parliament and ultimately to the taxpayers for optimal utilization of public resources.
The Constitution of the Peoples’ Republic of Bangladesh provides OCAG with the mandate to perform Performance Audits. The mandate of the CAG, to carry out all audits, is derived from Article 128 of the Constitution which provides the CAG with discretionary power in deciding how, what and when to audit.
Moreover, the Public Accounts Committee [PAC] of the 5th Parliament expressed its concern in 1998 for greater accountability and requested the Auditor General to conduct Performance Audits alongside annual financial and compliance audits.
Performance Audit Activities in OCAG
Performance Audit was first piloted by OCAG in 1999 in response to the demand of the PAC. A Performance Audit Cell was created and four Pilot Audits were carried out by the Cell with officials who had under gone extensive trainings in the relevant fields. The reports were finalized in January 2002 and were submitted to Parliament. The reports are:
After the successful piloting of Performance Audit in Bangladesh, OCAG conducted performance audits regularly through the nine Audit Directorates.
Then in 2005 a Performance Audit Directorate was established to coordinate performance audit activities of OCAG. The Organogram of the Performance Audit Directorate is given below:
The main responsibility assigned to the Performance Audit Directorate is the enhancement of performance audit capability of OCAG by: