Tribunal de Contas da União
INTOSAI’s Working Group on Audit of Extractive Industries participates in training with the TCU
The workshop, which brought together participants from Algeria, Botswana, Ecuador, Egypt, India, Morocco, Uganda and Zambia, was carried out by auditor Guilherme Pereira Souto and addressed the best audit practices in control actions based on case studies of TCU's performance.
The discussion focused on actions in Downstream Audits of Oil and Solid Minerals, which involve the processing of crude oil and the disposal of derivatives to be consumed by industry, commerce and final consumers.
For most of the participants, this was their first contact with the topic. TCU's mentoring and experience, provided by the Department of External Control - Oil and Gas (SeinfraPetróleo), was regarded as valuable and enlightening.
ABOUT THE WGEI
The Working Group on Audit of Extractive Industries (WGEI) is the INTOSAI group that studies extractive industries and develops best practices related to audits in the oil, natural gas and solid minerals sectors. Its goal is to promote extractive industries audits in its 42 member countries for the development of good governance and the UN Sustainable Development Goals Agenda.
In addition to facilitating the exchange of knowledge regarding audits in the extractive industries sector among SAIs (Supreme Audit Institutions) and functioning as a point of contact with external actors, the WGEI aims to strengthen the promotion of accountability and transparency by developing documents such as: audit guidelines, experiences, industry standards, research papers and reports from organizations working on extractive sector governance.
The following SAIs are members of the group: Brazil, China, USA, Norway, Argentina, Egypt, India, Iran, Iraq, Qatar, Saudi Arabia, Kuwait, among others from several African countries and other continents.
The TCU, one of the group's founders, resumed its activities in 2022 as a member and observer of the steering committee.
Learn more about the performance of the WGEI.