International Journal of Government Auditing –
Spring 2017 Edition
READY TO CONQUER STANDARD SETTING JOURNEY
As I undertake the challenging mission of chairing INTOSAI’s Professional Standards Committee (PSC), I am grateful for this opportunity to address the worldwide Supreme Audit Institution (SAI) community to discuss this new period of standard setting in public auditing. The 22nd INCOSAI inaugurated a new phase by approving the 2017-2022 Strategic Plan, authorizing the review of the current International Standards of Supreme Audit Institutions (ISSAI) Framework, adopting the “Due Process for the International Organization of Supreme Audit Institutions (INTOSAI) Framework of Professional Pronouncements” and creating the Forum for INTOSAI Professional Pronouncements (FIPP).
These accomplishments culminated the hard work of many people and institutions, including, notably, the SAI of Denmark, which preceded Brazil’s Federal Court of Accounts (TCU) as Chair of the PSC.
Now is the time to convert these accomplishments into further gains on various levels: in the quality of each individual standard and guideline and of the ISSAI Framework as a whole; in INTOSAI’s credibility and prestige as the government auditing standard setter; and, most importantly, in worldwide public auditing improvements resulting from the generalized implementation of standards by SAIs.