The EITI International Secretariat welcomes the opportunity to present the Extractive Industries Transparency Initiative (EITI) in the newsletter of INTOSAI’s Working Group on Audit of Extractive Industries (WGEI). This article provides a brief introduction to the EITI, the reporting process in the 49 implementing countries, and the common interests and opportunities for collaboration with Supreme … Continue reading “The case for collaboration between Supreme Audit Institutions and the Extractive Industries Transparency Initiative (EITI)”

Over several decades and in step with the globalisation of the economy, world-wide intra-group trade has grown exponentially. Transfer pricing rules, which are used for tax purposes, are concerned with determining the conditions, including the price, for transactions within a Multinational Enterprise (MNE) group resulting in the allocation of profits to group companies in different … Continue reading “The OECD/G20 Base Erosion and Profit Shifting Project Has Delivered Stronger Transfer Pricing Rules”

(By Trygve Christiansen and Eli Wærum Rognerud, OAG Norway) (See full paper on the shale gas revolution, including policy, geopolitical and environmental effects here: link) Shale gas has been described as a “revolution”, our “bridge to a low carbon future” and indeed “the biggest thing that happened to America”, yet others have branded it an “environmental … Continue reading “The Shale Gas Boom – How Does It Affect Current And Aspiring Gas Producers?”

On 15 October 2015 the State audit office of Vietnam (SAV) launched a performance audit that aims to evaluate the environmental management and rehabilitation on mining industry in Thai Nguyen Province. The audit was performed as results of a survey that gathered initial information and data of environmental rehabilitation on mining industry in Thai Nguyen … Continue reading “SAI Vietnam: Evaluating the environmental management and rehabilitation on mining industry in Thai Nguyen Province, Vietnam”