Government Accountability Office (GAO) of the United States of America will provide expert assistance to strengthen the Accounting Chamber of Ukraine capacity and improve its quality audits.
That was stated during the online meeting of Mr. Valeriy Patskan, the Chairman of the Accounting Chamber and members of the Accounting Chamber of Ukraine with Mr. Jay Totte, Anti-Corruption and Rule of Law Team Leader of the U.S. Agency for International Development (USAID), Mrs. Katherine Siggerud, Center for Audit Excellence (GAO CAE) Director, Mrs. Barbara Keller, GAO CAE Expert and Mr. Joseph Cristoff, GAO CAE Expert.
The cooperation partnerships between two institutions was made possible due to the USAID support.
The cooperation program is structured across four priority objectives:
1. Strengthen ACU institutional independence and audit practices in accordance with International Standards of Supreme Audit Institutions (ISSAI) standards;
2. Build the capacity of the ACU to effectively and accurately (and in accordance with ISSAI standards), monitor, audit, and report on all U.S. assistance provided to the GOU through the GOU State Budget, including U.S. direct budget support as the initial priority;
3. Prepare the ACU to play a meaningful role in ensuring the transparency and accountability of Ukraine’s recovery and reconstruction by building ACU capacity to properly audit, oversee, report on all recovery and reconstruction resources utilized, domestic and foreign; and
4. Strengthen ACU reporting and communications with direct and external stakeholders including the Rada, media, CSOs, and Ukrainian public.
The Program will be implemented over three years. A plan of specific measures will be developed in the near future.
Valeriy Patskan, the Chairman of the Accounting Chamber of Ukraine, thanked the partners of the institutions both for many years of professional cooperation and their support in Ukraine's fighting against russian aggression.