THE ROLE OF STATE FINANCIAL AUDITS IN ENHANCING TRANSPARENCY AND ACCOUNTABILITY IN PUBLIC FINANCIAL MANAGEMENT
Article Sidebar
Main Article Content
Abstract
State financial audits play a strategic role in promoting transparency
and accountability in public financial management. This study examines
the contribution of audits conducted by state audit institutions in
ensuring that public finances are managed in accordance with sound
governance principles. Using a descriptive-qualitative approach and
literature review as the primary method, the research evaluates how
audit findings serve as effective oversight tools for policymakers and
the public. The results indicate that independent and professional
audits not only reveal potential irregularities but also offer corrective
recommendations that enhance efficiency and increase public trust in
government institutions. Furthermore, publicly accessible audit reports
have been proven to strengthen civic engagement in oversight
processes. Thus, state financial audits are an essential pillar in building
a transparent, accountable, and citizen-oriented public financial
system.
Downloads
Article Details
Section
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
How to Cite
References
Antipova, T. (2023). Auditing for financial reporting. In Global Encyclopedia of Public
Administration, Public Policy, and Governance (pp. 656-664). Cham: Springer
International Publishing.
Balliu, D. (2025). The new role of supreme audit institutions in monitoring the SDGs. A
comparative study between the western balkans and nordic countries.
Fox, J. (2016). Scaling accountability through vertically integrated civil society policy
monitoring and advocacy.
Harrison, T. M., & Sayogo, D. S. (2014). Transparency, participation, and accountability
practices in open government: A comparative study. Government information quarterly,
31(4), 513-525.Norris, P. (2017). Electoral transparency, accountability and integrity.
Election watchdogs: Transparency, accountability and integrity.
Meagher, P. (2004). Anti-corruption agencies: A review of experience. College Park, MD: IRIS
Center.
Phillips, L. (2018). Improving the performance of sub-national governments through
benchmarking and performance reporting.
Preston, N., Sampford, C. J., & Connors, C. (2002). Encouraging ethics and challenging
corruption: Reforming governance in public institutions. Federation Press.
Safdar, R., Chaudhry, N. I., Mirza, S. S., & Yu, Y. (2019). Principal–principal agency conflict
and information quality in China: The governance role of audit quality and analyst
following. Journal of Financial Reporting and Accounting, 17(1), 42-59.
Stefanescua, C. A., Oprisora, T., Sntejudeanua, M. A., Oprisor, T., & Sntejudeanu, M. A.
(2016). An original assessment tool for transparency in the public sector based on the
integrated reporting approach. Accounting and Management Information Systems,
15(3), 542.
Syukri, H. (2022). A Discourse Analysis Concerning the Performativity of Performance Audit
in Indonesia (Doctoral dissertation, University of Canberra).