What is the Abu Dhabi Accountability Authority?
Among those under their purview are government departments, local councils and all companies or projects in which the Government owns more than a 50 per cent share.
Adaa says it aims to ensure all of these entities use their resources and funds efficiently, effectively, economically, ethically and in line with the overall vision of Abu Dhabi. It also has a training centre, where Emirati graduates are trained in auditing.
The authority audits Government bodies, investigates corruption and sets up anti-fraud programmes.
In 2011, Adaa was appointed to the advisory council of the International Forum of Independent Audit Regulators, making the UAE the first Arab member. Last year, the authority hosted a workshop for the forum.
Published: January 14, 2013 04:00 AM