Vietnam, Japan audit agencies urged to lift cooperative ties

President of the Audit Commission (AC) of Japan Teruhiko Kawato has suggested Vietnam and Japan elevate bilateral audit cooperative relations to a new height.
Vietnam, Japan audit agencies urged to lift cooperative ties ảnh 1President of the Audit Commission of Japan Teruhiko Kawato (L) and Auditor General of the State Audit Office of Vietnam Ho Duc Phoc  in a recent meeting in Japan(Source: VNA)

Tokyo(VNA) – President of the Audit Commission (AC)of Japan Teruhiko Kawato has suggested Vietnam and Japan elevate bilateral auditcooperative relations to a new height.

In a recent interview granted to Japan-based Vietnam News Agency (VNA)correspondents, Kawato highlighted the close cooperation between the AC and theState Audit Office (SAV) of Vietnam and their efforts to urge audit agencies inAsia to enhance international links.

According Kawato, the AC and the SAV has built close cooperative ties, and Vietnam’seconomy is strongly developing, especially in infrastructure development – acrucial field of the auditing activities.

He stressed that the collaboration between the two agencies through capacitydevelopment and research activities has proven effective and the partnershipshould be developed to a new level.

Kawato expressed his belief that Vietnam, as the Chair of the Asian Organisation of Supreme AuditInstitutions (ASOSAI) for the2018-2021 tenure, will successfully host the 14th Assembly of ASOSAIin September 2018. Japan, as the Capacity Development Administrator of ASOSAI, will strongly support Vietnam, he affirmed.

During the interview, Kawato also emphasised that ASOSAI aims to promotecooperation and mutual understanding among its member supreme audit institutions(SAIs) through sharing experience and knowledge in financial supervision.

The organization has also worked to enhance the quality of auditing activities throughbettering auditors’ capability and supporting member SAIs, he added.

The AC President also highlighted the increasingly important role of auditinstitutions, saying that ASOSAI wants to make effective contributions byimproving its member audit bodies’ capacity after studying their needs.

Kawato said that in order to develop the economy smoothly, transparency andaccountability of administrative agencies are indispensable, and auditing bodiesare responsible for assuming this important role.-VNA
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