Organization of Latin American and Caribbean Supreme Audit Institutions (OLACEFS)
Organización Latinoamericana y del Caribe de Entidades Fiscalizadoras Superiores (OLACEFS)
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1965-04-09 Santiago Chile
Founded at the 2nd Latin American Congress of Supreme Audit Institutions following approval by the Supreme Audit Institutions in attendance of the draft charter submitted by the Office of the Comptroller General of Chile along with a study carried out by the Office of the Comptroller General of Venezuela. Signatories to the creation of ILACIF: Argentina; Brazil; Colombia; Chile; Ecuador; El Salvador; Mexico; Nicaragua; Panama; Puerto Rico; Dominican Rep; Uruguay; Venezuela. Proposal for the creation of the institute was made during the 1st Latin American Congress of Supreme Audit Institutions, 1963. Joining later were: Peru; Bolivia; Costa Rica; Guatemala; Honduras; Paraguay; Antilles; Suriname. Changes to internal rules and organizational structure recommended by a reforming committee and approved at the special session of ILACIF's Extraordinary General Assembly, Buenos Aires (Argentina), 11 Oct 1990, when present name was adopted. Regional body of: B-XB2329 - International Organization of Supreme Audit Institutions (INTOSAI).
Promote and conduct systematic research on the control and supervision of the management of public resources and disseminate results amongst members; 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; provide advisory services and technical assistance on the control and oversight of the management of public resources; compile work done in each country concerning administrative and financial organization and control, to be disseminated amongst Latin American and Caribbean nations; promote and publish written material on the control and oversight of the management of public resources; serve as liaison between the supreme audit institutions of other nations, answering queries and promoting the exchange of specialists; establish and foster a resource center principally for literature concerning the control and oversight of the management of public resources and related disciplines; 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; 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; coordinate special studies requested by a government or group of governments of Latin American and Caribbean nations; organize high-level think-tanks made up of active members to analyse specific strategic issues related to supreme control and oversight; award prizes and/or offer stimulus as per the conditions laid down by the specific regulation.
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General Assembly; Governing Board of 5 full members; Presidency (3-year term without re-election); Executive Secretariat and Headquarters. Committees (2): Capacity Building Committee (CBC); Special Committee to Assess the Charter and Regulations (CER). Commissions (5): Good Governance Practices (CTPBG); Citizen Participation (CPC); Environment (COMTEMA); Assessment of Performance and Performance Indicators (CEDEIR); Information and Communication Technologies (CTIC). Working Group for Public Works Audit (GTOP).
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