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INTOSAI Governing Board Holds 75th Meeting

On November 23, 2021, the 75th meeting of the INTOSAI Governing Board took place virtually, hosted by the Supreme Audit Institution (SAI) of Brazil, the Governing Board’s First Vice-Chair. In his opening remarks, Governing Board Chair Aleksei Kudrin commended SAIs’ many innovations and achievements during the pandemic, including…

PSC Steering Committee Meeting Focuses on IFPP Updates and Improvements

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…

PSC Initiatives Enhance Communication, Technical Support, and Collaboration

The INTOSAI Professional Standards Committee (PSC) has a number of initiatives underway to enhance communication, technical support, and collaboration among Supreme Audit Institutions (SAIs). The following are updates…

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…

Goal Chair Meetings Unite Delegates to Discuss INTOSAI Progress, Way Forward

The 2019 Goal Chair (Professional Standards, Capacity Development, Knowledge Sharing) meetings united delegates worldwide to discuss past progress, as well as paths forward, particularly as INTOSAI heads into the 2019 INCOSAI scheduled for September in Moscow…

The FIPP: Who We Are, What We Do

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…

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

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

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…

Call for Input into IFPP Strategic Development Plan Coming Soon

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…

FIPP Gathers for Working Meeting in Guatemala

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…

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

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…

Professionalization: Key Element to INTOSAI Success

INTOSAI’s members agree—a decisive contribution to improving professionalization requires a commitment from across the entire organization in order to develop the professional capacity and support all Supreme Audit Institutions (SAIs). Ultimately, the goal is to enable SAIs to deliver timely, relevant high-quality products. INTOSAI plans to address professionalization across the organization through three major initiatives…

Improving the Professional Pronouncements Framework

by Michael Kuur Sørensen, SAI of Denmark (Professional Standards Committee, Secretariat) The Professional Standards Committee…

Strategic Plan Gets Facelift

The Chair of INTOSAI’s Finance and Administration (FAC) Task Force on the 2017-2022 Strategic Plan,…

Professional Standards Committee Meets in Denmark

The Professional Standards Committee (PSC) met in Copenhagen in May 2016. The event marked a…