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Audit Bureau participates in ARABOSAI meeting

KUWAIT: Kuwait State Audit Bureau (SAB) will participate with a delegation headed by SAB’s President Faisal Al-Shaya, in the 62nd meeting of the Executive Council of the Arab Organization of Supreme Audit Institutions (ARABOSAI), to be held for two days in the Qatari capital, Doha. Director of Training and International Relations at Kuwait SAB Dr Saud Al-Zamanan said in a press statement that the meeting will include signing a Memorandum of Understanding (MoU) between ARABOSAI and Economic and Social Commission for Western Asia (ESCWA).

ESCWA is one of the five regional commissions of the United Nations to stimulate economic activity in member countries, strengthen cooperation between them, and promote development. The meeting will discuss the report of the Chairman of ARABOSAI about the Council’s activity, as well as the report of the General Secretariat since its last meeting, Zamanan pointed out.

The development initiatives proposed by the Presidency of ARABOSAI will be reviewed, also the estimated budget for the year 2021 will be approved, in addition to presenting the bodies’ reports on their participation in the work of committees and working groups emanating from International Organization of Supreme Audit Institutions (INTOSAI), he said.

ARABOSAI was established in 1976 with an aim to develop cooperation between member agencies, strengthening ties between them, plus encouraging the exchange of ideas, viewpoints, experiences, studies, and research among the member institutions in the field of auditing and work to promote auditing in both scientific and practical terms while raising awareness within the Arab world. – KUNA


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