TCA Has Become a Member of the INTOSAI WGBD

INTOSAI Working Group on Big Data (WGBD) was officially established in December 2016 within Goal 3 of INTOSAI - “Knowledge Sharing”. The WGBD has 28 members and 3 observers as of February 2019.

It is a specialized working group with the objective to identify the challenges and opportunities SAIs are facing in the era of big data, share knowledge and experience among SAIs and leverage bilateral and multilateral technical cooperation.

The TCA, is working continuously on the development of new techniques and methods for processing extensive amount of data collected; designing methodologies for using computerised audit systems and improve the implementation of CAATTs into the auditing process by creating new data analysis scenarios for error checking, risk assessment and data verification; enhancing the usage of IT technologies in auditing processes like developing sampling analysis and performing these analytic procedures on a frequent basis for automation and continuous monitoring.

TCA aims to provide contribution by sharing newly developed methodologies covering many levels of audit function and good practice examples with other SAIs. On the other hand, with cooperation it aims to benefit from the experiences of other member SAIs about big data.