The Role of the Postgraduate Institute for Accounting and Financial Studies for Providing Graduates that Can Improve the Performance of the Board of Supreme Audit and Reduce Government Spending Costs for the Period 2004-2020

Abstract

Institutions, institutes and colleges of higher education are the first pioneers for the outputs of specialized medical, engineering and social cadres, including accounting cadres. The Higher Institute for Accounting and Financial Studies is the Department of Accounting Studies, the main tributary for the preparation of specialized professional cadres holding a legal accounting certificate and a certificate of costs and administration, which is the highest specialized professional accounting certificate in the field Auditing and costing. The importance of these specialized cadres comes from the two certificate holders to provide the Federal Financial Supervision Bureau with these specialized accounting professional cadres for the purpose of monitoring government spending and calculating costs in productive institutions and cost and benefit in service institutions in the public and private sectors to monitor the achievement of political and social objectives of government public spending and private spending. The research investigated the study of the problem of the low percentage of the number of graduates of the Accounting Studies Department in the Legal, Cost and Administrative Accounting sub-section compared to the number of bodies and employees, which reduces the ability of the Federal Financial Supervision Bureau to follow local and international auditing standards in the pressure of public expenditures to achieve the political and social objectives of the public budget. The research reached the most important recommendations: 1. Increasing the number of legal, cost and administrative accounting graduates in the Office of Financial and Federal Supervision. 2. Developing cost-benefit and cost-benefit studies in auditing government agencies and institutions in the public and private sectors in accordance with international standards.