What is the UAE Accountability Authority ?
The UAE Accountability Authority (UAEAA) serves as the supreme institution for financial audit and accounting in the United Arab Emirates.
It operates directly under the President of the UAE.
The UAEAA’s primary objective is to foster integrity, transparency, and accountability within the country
As an independent body attached to the Federal National Council, it audits federal government entities, combats fraud and corruption, and provides essential e-services.
Essentially, the UAEAA plays a crucial role in ensuring good governance and responsible financial practices across various sectors in the UAE.
UAE Accountability Authority Signs Agreements with Jordan and India
UAE-Jordan Agreement:
The UAE Accountability Authority signed a memorandum of understanding (MoU) with Jordan’s Anti-Corruption Commission.
The goal is to strengthen bilateral cooperation in combating corruption.
Mentioning that the MoU focuses on exchanging knowledge, best practices, and national procedures related to transparency, accountability, and integrity in public administration.
Because both countries aim to enhance global efforts against corruption and promote good governance.
UAE-India Agreement:
The UAE Accountability Authority also signed a cooperation agreement with India’s Office of the Comptroller and Auditor General.
The agreement aims to enhance collaboration in financial and administrative auditing.
It includes knowledge exchange and joint capacity-building programs.
This collaboration aligns with the UAE’s strategic vision to strengthen international partnerships and support sustainable development.
By signing these agreements, the UAE Accountability Authority and its partners renew their commitment to promoting transparency, accountability, and global anti-corruption efforts.
Additionally, the UAE seeks tangible results that contribute to effective and innovative auditing processes, supporting both good governance and sustainable development.
Notable accomplishments by the UAE Accountability Authority:
Strengthening Governance Frameworks:
The authority has implemented and refined frameworks for governance, risk management, and internal controls across federal entities.
This has significantly improved transparency and accountability in government operations.
Comprehensive Audit Reports:
It has produced detailed audit reports that highlight inefficiencies and areas for improvement within government entities.
These reports have led to significant reforms and better resource allocation.
Promoting Best Practices:
By adopting international standards and best practices in auditing and accountability.
The authority has improved the overall quality of financial reporting and internal auditing in the UAE.
Capacity Building:
The authority has been actively involved in training and capacity building for government employees.
In areas related to auditing, compliance, and financial management, enhancing the skillset of the public sector workforce.
Technology Integration:
It has embraced modern technology, including advanced auditing software and data analytics tools.
To enhance the efficiency and accuracy of audits and investigations.
Improving Public Sector Efficiency:
Through its audits and recommendations, the authority has identified areas of waste and inefficiency.
Leading to cost savings and more effective use of public funds.
The UAE’s membership in BRICS represents an exceptional opportunity to create broad and promising economic, trade and investment prospects Abu Dhabi, 1st September, 2019 (WAM) — The UAE’s accession to the BRICS group reflects its commitment to multilateral action and… pic.twitter.com/wHhPpftuNZ
— UAE Voice (@uae_voiceeng) September 2, 2024
Supporting Anti-Corruption Initiatives:
The authority plays a key role in combating corruption by investigating and reporting on financial misconduct.
This supports the UAE’s broader anti-corruption and integrity efforts.
Transparency and Accountability Initiatives:
By publishing its findings and recommendations, the authority has contributed to greater transparency in the federal government.
Allowing the public to be more informed about government spending and practices.
These accomplishments reflect the UAE Accountability Authority’s commitment to enhancing public sector performance and ensuring effective use of resources.
