Tag: international standards

Commission on Audit (COA) Assistant Commissioner Luzvi P. Chatto, head of SAI Philippines’ Administration Sector, was reappointed as member of the International Public Sector Accounting Standards Board (IPSASB) for the period of 2022 to 2024. Operating under the auspices of the International Federation of Accountants (IFAC), IPSASB works to…

In September 2021, the INTOSAI Development Initiative (IDI) released the Global Supreme Audit Institution (SAI) Stocktaking Report 2020, the fourth triennial analysis of data from an INTOSAI Global Survey on SAI performance and capacities. The report, which covers the period of 2017 to 2019, marks the 10-year anniversary of the Global Stocktaking, which has been an important source of…

On October 19, 2021, the INTOSAI Professional Standards Committee (PSC) held its 18th annual Steering Committee meeting. Minister Bruno Dantas of Brazil’s Federal Court of Accounts (TCU), the Chair of PSC, welcomed participants to the virtual event, which focused on work related to the INTOSAI Framework of Professional Pronouncements (IFPP). The meeting featured a number of updates on…

The Turkish Court of Accounts recently completed a peer review of the Chamber of Accounts of the Republic of Azerbaijan, in accordance with a Memorandum of Understanding signed between the two Supreme Audit Institutions (SAIs) in January 2021. The peer review determined that…

Two revised INTOSAI pronouncements are available at issai.org for audits of financial statements: ISSAI 200 – Financial Audit Principles, and ISSAI 2000 – Application of the Financial Audit Standards. ISSAI 200 provides the key principles for the audit of financial statements or other forms of presentation of financial information. It complements the…

The PSC met virtually on October 6, 2020, to discuss past accomplishments and future initiatives with an agenda that featured such topics as strategic objectives and crosscutting priorities, international standards, the network of standards liaison officers, Technical Support Function and Strategic Development Plan (SDP) progress. In his opening remarks, Bruno Dantas…

Myanmar’s Office of the Auditor General of the Union (OAG) has launched virtual training opportunities on International Public Sector Accounting Standards (IPSAS) and International Financial Reporting Standards (IFRS). As the OAG continues plans to transform the government accounting system from a cash to accrual basis…

Since the beginning of the new democratic government in 2016, Myanmar’s Office of the Auditor General of the Union (OAG) has planned to transform the government accounting system from…

The three-day INTOSAI-Regions Coordination Platform (IRCP) united global bodies and regions to explore synergies, address the INTOSAI value chain and crosscutting priorities, and foster an integrative approach in developing solutions and aligning efforts. The meeting kicked off with a new approach…

he State Audit Bureau (SAB) of Kuwait participated in various International Organization of Supreme Audit Institution (INTOSAI) working groups and activities in Spring 2019, including…

In 2014, the International Organization of Supreme Audit Institutions (INTOSAI) established a temporary Common Forum for professional standards. At the 2016 INTOSAI Congress in Abu Dhabi, the forum…

The International Organization of Supreme Audit Institutions (INTOSAI) established a new Framework for Professional Pronouncements (IFPP) in 2016 at the XXII INCOSAI. The IFPP aims to enhance the clarity and credibility of professional pronouncements and further the use and applicability of the International Standards of Supreme Audit Institutions (ISSAIs) as…

In 2016, a 7.8 magnitude earthquake rocked the Ecuadorian coast, constituting one of the most catastrophic tragedies in the history of the country. The quake left 663 people dead, 6,274 injured, 80,000 people displaced, great damage to infrastructure and more than 2,300 aftershocks in the following months. Consequently, reparation measures cost approximately 3,344 USD million, challenging the…

The European Court of Auditors hosted the 15th annual meeting of the International Organization of Supreme Audit Institution’s (INTOSAI) Professional Standards Committee Steering Committee (PSC-SC) in Luxembourg in May 2018. To make the event participative and equip the PSC-SC to effectively fulfill its strategic role to guide the INTOSAI standard-setting process, the annual meeting…

The International Affairs Directorate of the Office of the Comptroller General of Ecuador, Ecuador’s Supreme Audit Institution (SAI), launched a contest encouraging staff to write articles on innovative auditing techniques to submit to the INTOSAI Journal,, the official INTOSAI communication organ. Several articles were presented to a selection committee…

The International Organization of Supreme Audit Institutions (INTOSAI)-Region Coordination Platform provides INTOSAI with a single point of contact for all INTOSAI organs and regional organizations. The platform, held annually, provides a forum to coordinate, consult, explore synergies and align INTOSAI efforts to support the successful implementation of the INTOSAI Strategic Plan 2017-2022 and better address the INTOSAI value chain…

The XXII International Congress of Supreme Audit Institutions (INCOSAI), held in Abu Dhabi in December 2016, introduced two significant changes for International Organization of Supreme Audit Institutions (INTOSAI) standard setting…

by the Supreme Audit Institution of Portugal, Chair of the European Organization of Supreme Audit…

The Comptroller General of the Republic of Guatemala hosted the Forum for International Organization of Supreme Audit Institutions (INTOSAI) Professional Pronouncements (FIPP) working meeting November 27-30, 2017. The productive meeting, the FIPP’s sixth, included several objectives…

The Federal Court of Accounts, Brazil’s Supreme Audit Institution (SAI), developed a quiz on International Standards of Supreme Audit Institutions (ISSAIs) as a new way to engage its auditors while deepening knowledge on professional auditing standards. The quiz, which also included questions on the SAI itself, saw 475 auditors competing in…

The French Supreme Audit Institution (SAI), in its role as General Secretary of the Organization of French-speaking Supreme Audit Institutions (AISCCUF), organized its annual professional seminar in Dakar, Senegal, June 28-29, 2017. This two-day event was dedicated to the new International Standards for Supreme Audit Institutions (ISSAIs) adopted at last year’s INCOSAI—a theme that had not yet been discussed on the international stage…

The State Audit Office (SAO) of Latvia, in cooperation with the Latvian Association of Certified Auditors, launched a new training program designed to educate certified auditors on applying International Standards for Supreme Audit Institutions (ISSAIs). The training program, conducted by SAO staff possessing various professional experience, currently concentrates on…