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Asian audit institutions discuss outcomes of strategic development

byCT Report
15/02/2017
in Business
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ISLAMABAD: Eleven members of Asian Organization of Supreme Audit Institutions (ASOSAI) held 51st Governing Board Meeting at Bali, Indonesia to discuss the outcomes of strategic development.

The meeting was opened by the Chairman of Indonesia’s Supreme Audit Agency (BPK) Harry Azhar Azis and was attended by Pakistan, Indonesia, India, Japan, South Korea, Malaysia, Nepal, Saudi Arabia, Thailand, Turkey, and Vietnam, as well as audit committees from Jordan and Mongolia; and observers from China, INTOSAI Development Initiative, and ASEAN Supreme Audit Institutions (ASEANSAI), according to a press release received here on Wednesday.  The meeting discussed the preparation of 2018-2020 multi-year budget, ASOSAIs capacity building report, progress of 2016-2021 strategic achievement report, journal, as well as the cooperation of ASOSAI with regional organizations and reports from the ASOSAIs working groups and committees.

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The Auditor General of Pakistan Rana Assad Amin represented Pakistan in the meeting. Pakistan is an active member of the ASOSAI Governing Board and Capacity Development Committee.

As a member of ASOSAI Governing Board, Pakistan plays a strategic role in creating the policies and determining ASOSAIs strategic decisions. Rana Assad Amin presented reports on three agenda items of the meeting, report on the activities of International Organization of Supreme Audit Institutions (INTOSAI), 11th ASOSAI Research Project ‘Audit of PPP arrangements and  recognition of Economic Co-operation Organization of Supreme Audit Institutions (ECOSAI) as a regional sub-group of ASOSAI The AGP also took up case with the Governing Board members regarding the recognition of ECOSAI as a regional group of ASOSAI.  With the recognition of ECOSAI as a sub-group of ASOSAI, it is expected that the ECOSAI member will benefit from the support provided by ASOSAI.

Besides, three ECOSAI members i.e. Turkmenistan, TRNC and Uzbekistan who are presently not members of ASOSAI, can also be motivated to join ASOSAI and later INTOSAI.  This year, ASOSAI will choose its chairman for the period 2021-2024 and secretary general for the period 2018-2021.  During last year’s Governing Board Meeting, ASOSAI had specified the draft of the ASOSAI 2016-2021 Strategic Plan, covering capacity building programme for its members, research and development through E-learning, knowledge exchange, as well as implementation of monitoring mechanism and evaluation.

 

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