Annual audit consists of a number of audit products developed for the review of the various types of public sector revenue and expenditure. Some products are aimed at agencies and bodies included in the government accounts and others at enterprises in which government has a vested interest, e.g. as a shareholder. Audit areas and products will appear from figure 1.
Figure 1. Rigsrevisionen's products broken down on audit areas
Rigsrevisionen's product portfolio has been developed with the objective of achieving a high degree of specialisation, audit coverage and uniformity across the departments. The different audit products are combined in the audit planning phase to ensure that the audit will provide reasonable assurance that audit conclusions concerning the individual ministerial remits and thereby also the government accounts are correct.
The products are designed to meet the requirements of systems-based audit and substantive audit. E.g. the systems-based audit includes a review of business processes and internal controls, whereas substantive audit includes analyses of accounts and random sampling of vouchers. This combination of audit methods makes it possible for us to make a statement concerning the quality of accounting and the correctness of accounts.
For further information, please contact Niels Gyldenvang Steffensen (+45 33 92 83 46).
Last updated on 17 August 2016