As the supreme body of external public auditing in Austria and as General Secretariat of the International Organization of Supreme Audit Institutions (INTOSAI), the Austrian Court of Audit (ACA) plays a key role in democratic supervision. Its key objective is to increase the performance and efficiency of public auditing in a national, European and international context. The ACA thereby makes a great contribution to guaranteeing the best possible use of public funds.
The ACA acts as an independent federal-provincial-municipal body, following the principle of uniform public auditing. The ACA's mission statement and strategy envisages the promotion and strengthening of public auditing through intensified cooperation on the national and international level.
In its capacity as the Supreme Audit Institution (SAI) of the Republic of Austria and the General Secretariat of INTOSAI, the ACA therefore cooperates in various areas with foreign audit institutions and academic institutions. This includes collaborating with the SAIs of EU member states in the context of internationally coordinated audits as well as with international institutions, e.g. the United Nations (UN), the Organisation for Economic Cooperation and Development (OECD), the Inter-Parliamentary Union (IPU), the Institute of Internal Auditors (IIA) and the International Federation of Accountants (IFAC) in current matters of public auditing of global importance, such as the promotion and continued assurance of accountability, transparency and good governance.
The international cooperation of the ACA has created added value for its core tasks, namely auditing and advisory activities, in many areas:
- The audited bodies, Parliaments and councils on a federal, provincial and municipal level benefit from the cross-border perspective, the international comparison and the introduction of benchmarking possibilities.
- The ACA has the opportunity to internationally share its experiences as regards auditing and its advisory activities. On the one hand, this strengthens international public auditing and, on the other hand, the experiences shared by partner audit institutions and affiliated organisations contribute to improving its work by external comparison and transfer of knowledge.
- The international networking and cooperation between external public audit institutions and partner organisations promote the transparency of state budgets and economic management in the citizens' interest, increase the accountability of decision-makers in administrations and governments and support the control by the legislative bodies.
- The national and international cooperation also builds trust among the Austrian citizens and public media in external public auditing and increases the credibility of the ACA.
The international work of the ACA is demonstrated in the following areas: