WASHINGTON, D.C. – Assistant Secretary of the Interior for Insular Areas Tony Babauta today signed a Technical Assistance grant for $143,910 to continue supporting the Association of Pacific Islands Public Auditors (APIPA) in meeting the Government Accountability Office’s (GAO) peer review requirements and standards.
Financial assistance over the last twelve years from the Office of Insular Affairs (OIA) has allowed territorial and freely associated state governments to strengthen and improve their Public Auditor capacities.
“For more than a decade, OIA’s support has assisted the work of island public auditors to identify deficiencies in local government operations,” said Assistant Secretary Babauta.
“For example, internal controls, procurement procedures, and revenue collections have all been identified as lacking for each government. The goal of our continued support is to create greater transparency and accountability of federal and local revenues for the benefit of all island residents.
“This specific grant will allow auditors a unique and important peer review experience; sharing their experiences, learning from one another and synchronizing their efforts to foster transparency and more government accountability during these challenging financial times,” Babauta added.
OIA funding will be administered by the Republic of Palau’s Office of the Public Auditor to carry out and coordinate this year’s peer review project as well as update the APIPA Peer Review Manual. The Manual was first adopted in 2007 as a way of promoting standards of quality and integrity of each audit office.