Organization of Latin American and Caribbean Supreme Audit Institutions

In line with the provisions of its Charter, the Organization of Latin American and Caribbean

Supreme Audit Institutions is based on the following principles:

I. Legal equality of the Organization's member entities, in accordance with their category;

II. Observance of the legal systems of each nation and the principles of international law, being mindful of the independence and sovereignty of each country to make their own decisions concerning systems of control and supervision for the management of public resources;

III. Voluntary joining and leaving of members;

IV. Adherence to a democratic system of adopting resolutions by majority agreement and respect for the concept of minorities;

V. Decentralization of activities;

VI. Close and ongoing cooperation between the Organization and its members;

VII. Spirit of public service and disallowing political interference of any kind;

VIII. Transparency;

IX. Rotation of all full members through OLACEFS administrative bodies.

The OLACEFS Charter of the Organization lists the following functions:

• To promote and conduct systematic research on the control and supervision of the management of public resources and disseminate results amongst members;

• To organize and conduct specialization, postgraduate and training courses, as well as seminars and special events principally for staff members to carry out technical tasks relating to control and oversight;

• To provide advisory services and technical assistance on the control and oversight of the management of public resources;

• To compile work done in each country concerning administrative and financial organization and control, to be disseminated amongst Latin American and Caribbean nations;

• To promote and publish written material on the control and oversight of the management of public resources;

• To serve as liaison between the supreme audit institutions of other nations, answering queries and promoting the exchange of specialists;

• To establish and foster a resource center principally for literature concerning the control and oversight of the management of public resources and related disciplines;

• To maintain contact on scientific and technical matters with institutions and organizations in other parts of the world specializing in the control and oversight of the management of public resources;

• To create commissions and committees for subregions, functional areas, issues and/or specific matters, as appropriate;

• To establish relationships with and obtain the assistance of experts on the control and oversight of the management of public resources, universities, bodies that fund development and associations for professionals;

• To coordinate special studies requested by a government or group of governments of Latin American and Caribbean nations;

• To organize high-level think-tanks made up of active members to analyse specific strategic issues related to supreme control and oversight;

• To award prizes and/or offer stimulus as per the conditions laid down by the specific regulation.

Funding for the operation of the organization comes from annual fees paid by individual members, contributions from other international institutions and organizations such as GIZ, the IDB, the World Bank and the INTOSAI Development Initiative, revenue from services provided by OLACEFS, and loans and donations.

The General Assembly is the Organization's highest body and is made up of all OLACEFS members. Its meetings are convened and chaired by the Presidency, with the collaboration of the Executive Secretariat.

The General Assembly makes decisions on the organization's strategic direction andorientation.[5]

The Board of Directors is a collegiate body made up of five full members. It is headed by the Presidency. The Executive Secretariat meanwhile serves as secretariat of the Board and has a right of say.

The Board is made up of:

In accordance with the provisions of the Charter, the Presidency of OLACEFS is held by the full member elected by the General Assembly for a period of three years without re-election, and represented the head of the chosen SAI. The functions and powers of this body are defined in the OLACEFS Regulations.

As from January 1, 2019 until December 31, 2021, the Presidency will be held by the Office of the Comptroller General of the Republic of Peru. As such the Chairman of the Organization is Mr. Nelson Eduardo Shack Yalta, Comptroller General of the Republic of Peru.

Timeline of the Presidency

Year	Country	SAI
1991- 1996	Mexico	Superior Audit Office of the Federation of Mexico
1997- 2002	Peru	Office of the Comptroller General of the Republic of Peru
2003- 2004	Venezuela	Office of the Comptroller General of the Republic of Venezuela
2005- 2006	Chile	Office of the Comptroller General of the Republic of Chile
2007- 2008	El Salvador	Court of Audit of the Republic of El Salvador
2009- 2010	Colombia	Office of the Comptroller General of the Republic of Colombia
2011- 2012	Ecuador	Office of the Comptroller General of the Republic of Ecuador
2013- 2015	Brazil	Court of Auditors of Brazil
2016- 2018	Mexico	Superior Audit Office of the Federation of Mexico
2019- 2021	Peru	Office of the Comptroller General of the Republic of Peru

In accordance with the Organization's regulations, the Executive Secretariat is held by a full member elected by the General Assembly. It is headed by an Executive Secretary who is the comptroller of the full member SAI. The term for the Executive Secretariat is six years, renewable for an additional three years.

This body is responsible for providing support for the various OLACEFS organs (Assembly, Board, Presidency, Committees, Committees and Working Groups), as well as technical and administrative support for the implementation of their activities.

From January 1, 2013 until December 31, 2018 the Presidency will be held by the Office of the Comptroller General of the Republic of Chile. The current Comptroller General of Chile and OLACEFS Executive Secretary is Jorge Bermúdez Soto.

The XXVIII OLACEFS General Assembly, held in Buenos Aires, Argentina, in October 2018, has unanimously approved the extension of the mandate of the Executive Secretariat, period 2019 - 2021, in accordance with article 16 of the organisational Charter.

Timeline of the Executive Secretariat

Year	Country	SAI Executive Secretariat and Headquarters
1990- 1996	Mexico	Superior Audit Office of the Federation of Mexico
1997- 2002	Peru	Office of the Comptroller General of the Republic of Peru
2003- 2012	Panama	Office of the Comptroller General of the Republic of Panama
2013- 2021	Chile	Office of the Comptroller General of the Republic of Chile

The committees are administrative bodies that assist in the Organization's management.

• Capacity Building Committee (CCC): This is an administrative body of a permanent nature whose mission is to promote and manage the development of SAIs’ professional and institutional capacities in order to increase the effectiveness of management and modernization of public administration.[6]

• Legal Advisory Committee (CAJ): This is a permanent administrative body, advisor to the Organization on legal and regulatory matters. It is responsible for reviewing the OLACEFS Charter and Regulations, making proposals to the Board and the General Assembly on alterations, modifications and new regulations for the modernization and better functioning of the Organization.[7]

The commissions are technical bodies dedicated to the study and development of specific topics and issues relevant to OLACEFS’ objectives and activities. Currently the organization has the following commissions: • Technical Commission on Good Governance Practices (CTPBG): This is a permanent technical body charged with promoting the efficiency, accountability, efficacy and transparency of public administration by strengthening SAIs.[8]

• Technical Committee on the Environment (COMTEMA): This is a permanent technical body, responsible for contributing to the development of environmental audits by OLACEFS member SAIs, promoting the control of environmental management and ensuring the strengthening and integration of the Organization's SAIs.[9]

• Commission for the Assessment of Performance and Performance Indicators (CEDEIR): This is a technical body of a permanent nature, designed to manage knowledge for the benefit of the Organization and member SAIs on issues relating to performance evaluation, strategic management and control.[10]

• Commission on Information and Communication Technologies (CTIC): This is a technical body of a permanent nature set up to provide advice to the Organization on issues relating to Information and Communication Technology (ICT).[11]

• Citizen Participation Commission (CPC): This is a technical body of a permanent nature dedicated to promoting citizen participation, social control and social capital through oversight.[12]

The working groups are technical bodies given the task of studying or developing specific issues for a specified amount of time. Below are OLACEFS’ current working groups: • Working Group for Public Works Audit (GTOP): The main objective is to help SAIs in the region to identify and share good practices in public works audit as a strategy for joint learning and institutional capacity building.[13]

Working Groups that have ceased to operate

• Working Group for the Implementation of International Audit Standards in OLACEFS SAIs (GTANIA): This ceased to exist as of January 1, 2016 in accordance with Resolution 40/2015/AG of the OLACEFS XXV Ordinary General Assembly of OLACEFS, held in Querétaro, Mexico in November 2015.

• Working Group for Manuals, Guides and Observations on the OLACEFS Charter and Regulations (GTN): This ceased to exist as of January 1, 2015 in accordance with Resolution 16/2014/AG of the OLACEFS XXIV Ordinary General Assembly, held in Cusco, Peru in November 2015.