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...