The Delegation of the Supreme Audit Chamber and Ministry of Finance of the Republic of Kazakhstan participated in the International Fiscal Transparency Program in the USA

The Delegation of the Supreme Audit Chamber and Ministry of Finance of the Republic of Kazakhstan participated in the International Fiscal Transparency Program in the USA

The delegation of the Supreme Audit Chamber of the Republic of Kazakhstan, headed by the member of the SAC, R.N. Rahimov, took part in the International Visitor Leadership Program (IVLP) entitled "Improvement of Fiscal Transparency in Kazakhstan."

During the visit, the representatives of the Supreme Audit Chamber studied the U.S. experience in the area of public financial accountability by visiting several federal and local government agencies.

Key aspects of the visit:

  • Acquaintance with the U.S. federal system, mechanisms for ensuring transparency in public procurement, and the interaction of audit bodies with the U.S. Congress.
  • Study the structure and system of external and internal public audit in the United States at the federal and state levels, along with an introduction to best practices and methods of public audit and financial control.
  • Digitalization of business processes for municipal budget planning and execution.
  • Study of ethics and accountability issues in public institutions, as well as methods to increase civic access to audit results.
  • Discussion of the principles of budgeting at the municipal level and the role of audit bodies in ensuring financial transparency.
  • Consideration of innovative approaches to issues of public ethics, digitalization of public administration.
  • Acquaintance with accounting and auditing methods, as well as how budget expenditure control is carried out in New York City and New York State.

The participation of the Supreme Audit Chamber of the Republic of Kazakhstan in the IVLP program allowed for the exploration of best practices in fiscal transparency and public auditing, and further contributed to the development of bilateral cooperation between the Supreme Audit Chamber and U.S. audit institutions.