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Meeting of the Political, Financial and Administrative Committee of INTOSAI (PFAC)

Meeting of the Political, Financial and Administrative Committee of INTOSAI (PFAC)

On August 28, 2022, a meeting of the Political, Financial and Administrative Committee of INTOSAI (PFAC) was held under the leadership of the SAI Saudi Arabia. At the center of the agenda is the discussion of the results of the organization’s activities for the period 2019–2022.

During the meeting, the participants were presented with reports from the Secretary General of INTOSAI, the INTOSAI Professional Standards Committee (PSC), the INTOSAI Capacity Building Committee (CBC), the INTOSAI Knowledge Sharing Committee (KSC), the INTOSAI Political, Financial and Administrative Committee (PFAC), the INTOSAI Supervisory Committee on Emerging Issues (SCEI), INTOSAI Development Initiative (IDI) and the International Journal of Government Auditing (IJGA).

Speaking with a welcoming speech to the participants of the meeting, President of the General Court of Audit of Saudi Arabia, Dr. Hussam Alangari, thanked the representatives of the working bodies of INTOSAI for their contribution to the implementation of the INTOSAI Strategic Goals and the development of the draft new Strategic Plan 2023–2028. He encouraged Committee members to be more engaged in the international audit community activities, including knowledge-sharing and developing professional standards.

Based on the results of consultations with the leaders of the Working Groups of the INTOSAI Knowledge Sharing Committee (KSC), four projects were identified to be considered for the new Strategic Development Plan for the period 2023–2025: revision of INTOSAI-P 12 "The Value and Benefits of Supreme Audit Institutions – making a difference to the lives of citizens" and the GUID 5202 "Sustainable Development: The Role of Supreme Audit Institutions", development of the GUID on Acquisition, Development and Implementation of IT Systems, Updating and Merging of the Environmental GUIDs.

INTOSAI Secretary General Dr. Margit Kraker noted that despite the restrictions caused by the pandemic, SAIs managed to successfully adapt to the new working conditions and hold all planned activities in a hybrid format. In order to optimize organizational costs and expand the circle of event participants, M. Kraker suggested to amend the INTOSAI Handbook and to fix the possibility of a remote work format. M. Kraker presented the results of the implementation of the INTOSAI budget and the draft budget for 2023–2025.

Director of the Department of International Cooperation and Regional Development Timur Makhmutov summed up the preliminary results of the activities of the INTOSAI Committee on Emerging Issues (SCEI) chaired by the Accounts Chamber of the Russian Federation.

Key SCEI projects for the period 2019–2022:

President of the Brazilian Federal Audit Court (TCU) Minister Bruno Dantas spoke about the preparations for the XXIV INCOSAI, which will be held in Rio de Janeiro on November 7–11, 2022. A distinctive feature of the upcoming Congress will be a series of informal discussions with the participation of representatives of SAIs, international organizations and the academic community on issues strengthening the role of SAIs in the fight against corruption and achievement of the SDGs, digital transformation and improvement of public debt audit practices.

Following the meeting, the participants approved the drafts of the INTOSAI Strategic Plan for the period 2023–2028. and operational plan of the Committee.

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