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PSC Announces Revised Standards, Establishes Networks of Translators and Liaison Officers
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PSC Announces Revised Standards, Establishes Networks of Translators and Liaison Officers

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...

Professional Pronouncements Framework Migration Underway
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Professional Pronouncements Framework Migration Underway

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...

Professional Standards Committee Steering Committee Meets in Luxembourg
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Professional Standards Committee Steering Committee Meets in Luxembourg

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...

INTOSAI-Region Coordination Platform Meets in Oslo
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INTOSAI-Region Coordination Platform Meets in Oslo

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...

PSC Passes Baton, Aims for Ambitious Program
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PSC Passes Baton, Aims for Ambitious Program

The incoming chair and vice-chair of the Professional Standards Committee (PSC), the Brazilian Federal Court of Accounts (TCU—SAI Brazil) and the European Court of Auditors (ECA—SAI European Union) took the baton from the outgoing chair (Rigsrevisionen—SAI Denmark) during the INTOSAI Congress in December, and they have plans for an ambitious program...

Ready to Conquer Standard Setting Journey
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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...