The role of Supreme Audit Institutions in fight against the consequences of financial and economic crisis : a theoretical approach

Nagy Sándor: The role of Supreme Audit Institutions in fight against the consequences of financial and economic crisis : a theoretical approach.

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Abstract

There is a significant pressure on Supreme Audit Institutions in Europe: shrinking available resources and growing expectations from its stakeholders (citizens, civil organizations, investors, governments etc.). In consequence of the financial and economic crisis and the unpredictable shocks, imbalances there is a relevant need for good governance and effective spending of public money. The Supreme Audit Institution (SAI) – as independent external auditor of the budget – is intended to reach appropriate level of audit impact by using its inputs. This impact may result lower governmental expenditures, effectiver public finance management, increasing trust, transparency and accountability. Responding to the constantly changing circumstances the SAI should use and activate non-conventional resources such as knowledge and social capital to be more adaptive, effective and to achieve its strategic goals.

Item Type: Conference or Workshop Item
Journal or Publication Title: Crisis Aftermath: economic policy changes in the EU and its Member States : International Conference University of Szeged 8-9 March 2012 : conference Proceedings
Date: 2012
ISBN: 978-963-306-159-6
Page Range: pp. 270-282
Language: English
Related URLs: http://acta.bibl.u-szeged.hu/57377/
Uncontrolled Keywords: Pénzügyi válság, Gazdasági válság
Additional Information: Bibliogr.: p. 281-282. ; összefoglalás angol nyelven
Date Deposited: 2019. May. 20. 10:40
Last Modified: 2026. Feb. 24. 08:10
URI: http://acta.bibl.u-szeged.hu/id/eprint/57498

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