Kazakhstan Accounts Committee Devises, Approves New Standard

In accordance with the Republic of Kazakhstan Law “On Public Audit and Financial Control,” the Accounts Committee implements public audit and financial control authorities.

Within this framework, just over a year ago, the Accounts Committee devised and approved a procedural standard: “External Public Audit and Financial Control on the Assessment of the Activities of Audit and Financial Control authorities.”

Here, the Accounts Committee identified areas, criteria and requirements to measure achieved results, improvement and efficiency.

For the first time, in September 2017, the Accounts Committee conducted an assessment of the public audit and financial control activities and provided results along with recommendations for improvement.