Governments today face increasing demands for services by the public in an environment of limited resources. Thus, by ensuring tax and revenue systems are managed effectively, government can maximize revenues in order to fulfill its responsibility for the wellbeing of her citizens by ensuring the security of a state; manage the economy to bring about […]

As revenue or tax collection has been cited as one of the high risk areas that are prone to leakage and mismanagement, revenue audit plays a very significant role in the field of public sector auditing. This includes tax audits as stated under Section 20, ISSAI 1 (The Lima Declaration): “SAIs shall be empowered to […]

Newsletter Vol 3, 2017