President of the Institution, Dr. Pejović, Delivered Introductory Speech at the Second Regional Conference of Internal Auditors

18 October 2018.
President of the Institution, Dr. Pejović, Delivered Introductory Speech at the Second Regional Conference of Internal Auditors

President and Auditor General, Dr. Duško Pejović, delivered today introductory speech at the second regional conference of internal auditors in Novi Sad. Topic of this year's conference is: "Challenges of Internal Audit, Leadership, Culture and Independence of Internal Audit". Goal of the conference is to point to challenges related to these issues.

Dr. Pejović highlighted that "although Supreme Audit Institutions and internal auditors have different and clearly defined roles, their mutual goal is to promote good governance through contribution to transparency and accountability for using public funds, as well as through promotion of efficient, effective and economical public administration."

"If the internal audit function is assessed to be effective, cooperation between external and internal audit will have positive impact on both sides, in efforts to achieve efficiency and effectiveness in provision of public services. Precondition for that is the development level of internal audit, so that external auditors may rely on its reports. Cooperation and coordination between SAI and internal auditors should be viewed as a possibility to improve audit effects", Dr. Pejović emphasized.

The Conference was organized by the Serbian Association of Internal Auditors, with the support of "Enhancement of Municipal Audit for Accountability and Efficiency in Public Finance Management" Project, implemented by the State Audit institution and the United Nations Development Program (UNDP), with the support of the Swiss Government. Support to organization of the conference was also provided by the Faculty of Technical Sciences in Novi Sad, in cooperation with Association of Internal Auditors of Bosnia and Herzegovina and Croatian Institute of Internal Auditors.