Why does the Audit Bureau of Jordan matter to you? It is more than just an office building. It is the guardian of public funds. Right here stands the headquarters of an independent government agency. It is a supreme audit institution.
The Audit Bureau of Jordan is responsible for auditing various entities. These include ministries and public institutions. Municipalities and labor unions also fall under its purview. Even corporations with over 50% government shares are audited. The Council of Ministers can entrust the Audit Bureau to audit any entity’s accounts.
Let’s dive into the history of the Audit Bureau. Its origins trace back to 1928. At that time, an audit branch called the “Accounts Review Department” emerged. It was in the Emirate of Transjordan. Its task was simple: review the Emirate’s financial accounts. By late 1930, it was renamed the “Accounts Audit Department”.
In 1931, the Department of Audit and Verification of Accounts was established. A law was passed and the department was attached to the Prime Ministry. However, in 1939, it was connected to the Ministry of Finance. It shifted between the Prime Ministry and the Ministry of Finance until 1952. That year marked the passage of the Audit Bureau of Jordan Law.
The Audit Bureau transformed into a constitutional body in 1952. This was per the Constitution of Jordan. Article 119 set the Bureau to monitor the State’s revenues and expenditures. Over the years, the law underwent five amendments. These changes kept pace with political, economic, and social developments.
Now, what are the duties of the Audit Bureau? It presents an annual report to the House of Representatives. This report includes irregularities, deficiencies, or weaknesses. Recommendations for addressing these issues are also included. The Audit Bureau also audits government revenues and expenditures. It provides advice on audit and accounting. It ensures public money is spent soundly and legally. It also checks compliance with environmental laws.
The Audit Bureau has several mandates. It audits accounts, cash, and stamps. It verifies financial documents and vouchers. It can audit any financial transaction. The Audit Bureau can access any public entity’s financial records. It can question accounting officers directly.
Many entities fall under the Audit Bureau’s scrutiny. These include government ministries and bodies. The Prime Ministry and various other ministries are audited. The Central Bank of Jordan is also audited by the Audit Bureau. The Greater Amman Municipality is subject to auditing. Even universities like the University of Jordan are audited.
The Audit Bureau also engages in international cooperation. It is a member of several international organizations. These include the International Organization of Supreme Audit Institutions. It is also part of the Asian and Arab Organizations of Supreme Audit Institutions.
The Audit Bureau’s vision is to create a sustainable professional audit. It enhances public accountability. The goal is helping the public sector to work efficiently. Its mission involves contributing to improved management of public resources. This aims to realize community-based sustainable development.
As you stand here, remember the Audit Bureau’s values. These include impartiality, professional competency, and confidentiality. Team spirit is also a key value. These principles guide the Audit Bureau in its crucial work.