11.09.2015

VII meeting of Working Group on Development of Public Financial Control Standards of Supreme Audit Institutions of Member States of Commonwealth of Independent States was held in Moscow (Russian Federation) on September 9-10, 2015

The regular meeting of the Working Group on Development of the Public Financial Control (Audit) Standards of the Supreme Audit Institutions of the CIS Member States was chaired by the representative of the Accounts Committee of Kazakhstan.

Representatives of the Supreme Audit Institutions (SAIs) of Belarus, Kyrgyzstan, Moldova, Russia and Tajikistan have participated in the meeting.

The draft Standard on Organization and Conduction of Joint and Parallel Control and Expert-analytical Activities (Audits) by the Supreme Audit Institutions of the CIS Member States, developed by the Accounts Chamber of Russia, had been considered and approved. The Standard determines the order of conduction of joint control and expert-analytical activities of the SAIs of the CIS member states.

The Glossary of Terms, which are used in Public Financial Control (Audit) Standards of the SAIs of the CIS Member States, was analyzed in terms of its practical application in joint activities.

The prospects of activities of the Working Group were discussed. It was noted that it is necessary to improve acting standards and methodological documents and develop new ones.

The Working Group is established by the decision of the X session of the Board of the Heads of the Supreme Audit Institutions of the CIS member states held in September 2010 in Yerevan (Republic of Armenia).

The Accounts Committee has been chairing the Working Group since the day of its establishment.

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