TY - JOUR
T1 - The Strategic Options of Supreme Audit Institutions
T2 - The Case of Four Nordic Countries
AU - Klarskov Jeppesen, Kim
AU - Carrington, Thomas
AU - Catasús, Bino
AU - Johnsen, Åge
AU - Reichborn-Kjennerud, Kristin
AU - Vakkuri, Jarmo
PY - 2017
Y1 - 2017
N2 - Based on the theory of professional competition, this paper identifies and investigates four strategic options of supreme audit institutions (SAIs) through a case study of four Nordic national audit offices: a performance auditing strategy; a financial auditing strategy; a portfolio strategy; and a hybrid strategy. The analysis of the Nordic SAIs shows that while one SAI appears to have adopted a hybrid strategy, the portfolio strategy has been chosen by the three other SAIs, although with some variations in the portfolio. The paper concludes by discussing the implications of these strategic options for public sector auditing.
AB - Based on the theory of professional competition, this paper identifies and investigates four strategic options of supreme audit institutions (SAIs) through a case study of four Nordic national audit offices: a performance auditing strategy; a financial auditing strategy; a portfolio strategy; and a hybrid strategy. The analysis of the Nordic SAIs shows that while one SAI appears to have adopted a hybrid strategy, the portfolio strategy has been chosen by the three other SAIs, although with some variations in the portfolio. The paper concludes by discussing the implications of these strategic options for public sector auditing.
U2 - 10.1111/faam.12118
DO - 10.1111/faam.12118
M3 - Journal article
SN - 0267-4424
VL - 33
SP - 146
EP - 170
JO - Financial Accountability & Management
JF - Financial Accountability & Management
IS - 2
ER -