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RAA signed Multi-Year Agreement
The Netherlands Fellowship Programmes
August 8, 2008:
The Auditor General signed a three year bilateral project on
‘Multi-Year Agreement’ under the Netherlands Fellowship
Program (NFP) today, 8th August 2008 at the RAA
Conference Hall. The signing event was witnessed by the
Hon’ble Honorary Consul, Ms. Anne-Marie, the Consulate of
the Netherlands, Thimphu and a representative from the
Sustainable Development Secretariat (SDS).
 The
bilateral project worth Nu.30 million is focused on the
Capacity development activities of the RAA. More than fifty
auditors will be trained under various long and short term
training courses on Accounting, Finance, Quality management
and others.
The RAA
had also availed a tailor-made training on IT Audit under
the NFP in 2005.
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Introducing Continuing Professional Development Policy (CPDP)
July 28, 2008:
The Continuing Professional Development Policy (CPDP) of the
Royal Audit Authority was endorsed during the 11th Annual
Audit Conference convened from 23-25 July 2008.
 The policy is aimed
at facilitating the auditors in advancement of their careers
and will at the same time induce professionalism in the
Human Resource pool of the RAA. The policy focuses on the
In-house training activities which will be conducted through
out the year. It is mandatory for all the auditors to
accumulate 60 Continuing Professional Development Hours (CPDH)
annually and in fours years term one has to accumulate 240
hours. This will determine ones eligibility to shortlist for
promotion to the next higher level position. The mandatory
courses under each position titles are identified in the
policy.
The policy document
comprised of five chapters that includes General Policy,
Responsibilities, Position Titles, CPD–External Training and
Undertaking and Obligations. The mandatory course under each
position titles, participant’s evaluation form,
instructor/facilitators and course evaluation forms, CPDH
from other activities, and form to record individual CPDH
are some of the important components of the policy document.
The
policy will be implemented from August 2008.
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11th
Annual Audit Conference
22
July 2008: The 11th Annual Audit
Conference on the theme “RAA’s Role in Promoting Good
Governance” will be convened from 23rd to 25th
July 2008 at the auditorium of the Royal Institute of
Management, Semtokha. The three days conference shall cover
numerous topics including “A report on the Audit of Mining
Operations in Bhutan”, “Audit Criteria”, “Working Papers”,
“Audit Planning, Reporting and Field Standards” “Outline of
the 12 Audit Manuals”.
The RAA’s Documentary film will be
released and premiered on the first day during the opening
ceremony. The Conference will also have a session with the
GNH Commission on the second day where Result based
management, Block management and the 10th
Five-Year-Plan will be discussed. The third day of the
conference will have an open forum where all participants
can share and discuss field problems, new and improved audit
methodologies and other related topics. The theme for the 12th
Annual Audit Conference will be adopted on the last day.
More than 150 participants will be
participating including auditors from the four Regional
Offices. During the three days the RAA office will remain
closed.
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