INTERNAL AUDITS IN THE PUBLIC SECTORAND LESSONS FOR VIETNAM

Globally, internal auditing has developed over the past 70 years and is recognized in over 165 countries as a professional practice. In Vietnam, internal auditing is gradually affirming its importance in the public sector, especially after the government issued Decree No.05/2019/Decree-Government on internal audit. This paper analyzes the current state of internal audit implementation in the public sector, focusing on the case of the State Treasury and proposes solutions to enhance the efficiency of internal audit activities in the context of building a modern public administration system in Vietnam.