The declaration contains a comprehensive list of all goals and issues relating to government auditing, while simultaneously remaining remarkably significant and concise, making it easy to use with its clear language ensuring that focus does not wander away from the main elements. The chief aim is to call for independent government auditing. A Supreme Audit Institution which cannot live up to this demand does not come up to standard. Rule of law and democracy are essential premises for really independent government auditing and are the pillars on which the Declaration of Lima is founded. The precepts contained in the Declaration are timeless and essential values which have maintained their topicality since the years they were first adopted. To sum up the declaration point out basics for audits and audit institutions, which are necessary for achieving independent and objective results.