Section 56 of the Audit Act of Bhutan 2006 states “the Authority shall establish auditing, reporting standards and practices that will meet the highest auditing and reporting standards”. Therefore, in accordance with this provision, the Authority has decided for adopting ISSAIs as its authoritative auditing standards that would ensure high quality auditing and reporting.

Further Section 57 of the Audit Act states, “the Authority shall publish standards and practices in an appropriate manner to make the proposal known to the public and invite comments before adopting such standards”. In line with this provision, the Authority is required to follow due process before formally adopting the standards.

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