Strategic Plan for the Development of Professional Standards (SDP) adopted.
The National Audit Office (NAO) participated in the 23rd meeting of the Steering Committee of the Professional Standards Committee (PSC) of the International Organization of Supreme Audit Institutions (INTOSAI) held in Luxembourg from the 27th to the 28th of September, representing the Arab Organization of Supreme Audit Institutions (ARABOSAI).
During the meeting, the Strategic Plan for the Development of Professional Standards (SDP) was adopted, outlined during the meetings held in the Kingdom of Bahrain in May 2023. In addition, the request of the Capacity Building Committee to launch an initiative aimed at supporting SAIs facing challenges and difficulties in applying professional standards was discussed.
Furthermore, participants learned about initiatives related to the provision of professional qualifications and training in performance audit. They reviewed the progress of projects that
the INTOSAI Forum for Professional Pronouncements (FIPP) and the various task forces are working on regarding the issuance of new professional standards and the revision of existing professional standards and publications.
During the meeting, the NAO presented a working paper on developing and improving the process of preparing professional standards in INTOSAI. The paper addressed the importance of involving stakeholders in the process of preparing, reviewing and updating professional standards.
It also included proposals on possible means that would enhance the participation of stakeholders in the preparation of professional standards issued by the Organization, in application of the principle of partnership and cooperation established by the National Audit Office of the Kingdom of Bahrain in its audit work.
The meeting was attended by Mr. Mahmood Hashem Mahmood, Director Administrative Audit, and Mr. Ahmed Mohamed Buti, Director Regularity Audit at the NAO.
