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Brazil's Supreme Audit Institution

The Audit of the Consolidated Year-end Government Report

image of Brazil's Supreme Audit Institution

Supreme audit institutions have a distinct role in supporting the development of a more strategic and forward looking state. This report assesses the role of Brazil's SAI – the Federal Court of Accounts (Tribunal de Contas da União or TCU) – in enhancing accountability and informing decision making within the federal government. The review focuses specifically on the audit of the Consolidated Year end Government Report (Prestação de Contas da Presidenta de República or PCPR). Although the TCU is a well respected independent government institution and completes the audit of the PCPR in line with constitutional provisions and international best practice,  several challenges remain. Deepening TCU understanding of challenges and barriers affecting the use of its audit – especially by the legislature – is critical for enhancing accountability and informing decision making.  Moreover, framing clearly and concisely the main findings will make the TCU work audit more accessible and elevate the imperative for action. Creating a more explicit and co-ordinated TCU communication strategy will also improve the value and benefit of the audit findings.

Anglais

Consolidated year-end government reporting

This chapter provides an overview of consolidated year-end government reporting in Brazil, benchmarking it against international standards and experiences in 12 countries. The overview presents i) the content, reporting boundaries and accounting basis of Brazil’s consolidated year-end government report – the Accounts of the President of the Republic (Contas do Presidente da República, or CPR); and ii) the general process for the preparation, external audit and legislative scrutiny of the CPR. The analysis contained in this chapter is framed by the OECD “Best Practices for Budget Transparency”, International Standards of Supreme Audit Institutions “Lima Declaration of Guidelines on Auditing Precepts” (ISSAI 1) and “Mexico Declaration on the Independence of Supreme Audit Institutions” (ISSAI 10), as well as the World Bank Institute’s framework on public accounts committees.

Anglais

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