Corruption, the fiscal review and the need to strengthen the control entities in public institutions

Abstract

The fiscal reviewer as an important part in the proper development in the country must rethink its professional work in terms of responsibility to society and its problems. Corruption as a central issue in the Colombian national scene raises several questions, regarding the duty of the fiscal reviewer and how it could play a much more important role in regard to the oversight of the work done in the institutions that manage resources of the public treasury. This article proposes an interesting proposal to strengthen and optimize the governmental control entities with a view to reducing and not ending the problem of corruption in Colombia, besides making a tour through the history of the profession, the main laws that regulate it, the most notorious cases of corruption in Colombia and the panorama that the new international financial information standards pose for the profession. The methodology used for the realization of this article is the thorough and detailed bibliographic review of the current regulations in relation to the fiscal review, as well as the information resulting from the consultation on the most important cases of corruption in the Colombian sphere and between the main results stand out, among others the duty of the fiscal reviewer in the social field, the challenges posed to professionals by the entry into force of international IFRS standards, in addition to highlighting the ineffectiveness of the control exercised by the entities Government in Colombia