Mr. Liu Jiayi, Auditor General of the CNAO, attended the opening ceremony and delivered a speech. He praised the WGITA as an important research group within the INTOSAI community to promote knowledge sharing in the field of IT Audit. In recent years, under the leadership of the Chair and with joint efforts of all members, the working group effectively conducted many activities including research study, experience exchange, publication of guidance and training materials, and holding seminars.
All of these have effectively promoted IT audit work in various SAIs and the WGITA has won wide recognition among the world.
Mr. Liu Jiayi remarked that international financial crisis struck the world since 2008and has been threatening the growth of all countries. The Chinese government responded promptly to the crisis and implemented a stimulus package aiming at guaranteeing economic growth adjusting economic structure, promoting the reforms, and improving people's livelihood.
Centering around the socio-economic development, Chinese audit institutions have effectively carried out the whole-process tracking audit, with the focuses on responding the international financial crisis and ensuring stable and fast economic development. Audit work has made much contribution in ensuring effective implementation of various measures and the use of public funds in a secure, rational manner with good performance.
The audit has thoroughly played a role of immune system to ensure the healthy operation of the economy and the society.
He then emphasized that with the prompt integration of global economy and increasing communication, information technology has brought new challenges as well as new vigor to the old profession of auditing. The practice calls up the sharing and dissemination of IT audit achievements and experience. As for the case of China, after major industries of the national economy have completed the computerization, auditing institutions must adapt themselves to new situation in terms of working methods, technologies, organizational procedures and even the way of thinking.
At this time, IT audit will have to face the challenge of deepening the development within the new situation. The theme of Performance Measures Indicating IT Project Effectiveness and Investment Success was a very good one selected for this seminar. The CNAO has decided to conduct performance audit among all audit projects by 2012, which will make a performance indicator system very much necessary.
It is the role of the INTOSAI WGITA to develop a practical, widely-accepted system of measurement indicators to further promote the standardization of IT performance audit. The CNAO would like to continuously strengthen its exchanges and cooperation with other SAIs through the INTOSAI WGITA to make due contributions to the development of IT audit.
