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Mitigating the Global Financial Crisis Impact: The Role of Government Auditors, May 2011

Mitigating the Global Financial Crisis Impact: The Role of Government Auditors, May 2011

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The Institute of Internal Auditors
Richard Chambers, President and CEO
The Institute of Internal Auditors
Richard Chambers, President and CEO

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05/20/2011

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www.theiia.org
Mitigating theMitigating theGlobal FinancialGlobal FinancialCrisis ImpactCrisis Impact
The Role of Government AuditorsThe Role of Government Auditors
 Richard F. Chambers CIA, CGAP, CCSA Richard F. Chambers CIA, CGAP, CCSA President and CEO President and CEO ±  ±The Institute of Internal AuditorsThe Institute of Internal Auditors
 
www.theiia.org
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‡Global Financial Crisis: Impact onGovernments Worldwide‡Government Auditors: An Overview‡Mitigating GFC Impacts: Five WaysGovernment Auditors can Add Value‡Conclusions
 
www.theiia.org
W
e All Know the Problem«
‡Revenues from sales tax, property tax, income tax,and fees have declined‡Citizens need higher levels of government services intimes of financial difficulty‡Most OECD countries are running significant budgetdeficits‡State/local governments must run balanced budgets
This means difficult and painful choices.
 
This means difficult and painful choices.

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