Audit Activities of the Supreme Audit Offices in the V4 Countries: Comparative Analysis
Abstract
The paper focuses on an analysis of the work of Supreme Audit Offices (SAO). The audits performed by SAO is the highest degree of independent audit. The aim of the paper is to assess the performance of audit activities by the highest audit institutions in the V4 countries. For comparison, the countries of the Visegrad Group are chosen. The number of audits performed and also the volume of audit findings, the number of criminal reports submitted, the number of recommendations issued by auditors and the number of measures taken by audited entities are compared. Due to the differences in the public sector of the analyzed countries, it is not possible to draw a clear conclusion from the results that the SAO of one country gives good or less good results, or better than others. The public sector works slightly differently in all countries, so our conclusions are descriptive, rather recommendatory.