Internal Auditors and Local audit firms trained on ISSAIs
The Royal Audit Authority successfully conducted a week long training on International Standard for Supreme Audit Institutions (ISSAIs) for internal auditors and emplaned local auditing firms. The RAA adopted ISSAIs as its authoritative standard in 2016 and since then it has been using this standard for conducting all three disciplines of audit viz. Financial, Compliance, and Performance audits.
The training was aimed at ensuring uniform standard for the audits conducted in civil society organizations, religious organizations and other public sectors. The training provides auditors of local firms as well as internal auditors an understanding on ISSAIs and how this standard is applied in the field.
A total of 39 auditors participated in the training from 14th to 18th May 2018 at the RAA’s Conference Hall. The training was funded by the World Bank.