Performance Audit Subcommittee

The Performance Audit Subcommittee (PAS) was created by the Professional Standards Committee (PSC) in September of 2005. The establishment of the Subcommittee was approved by the INTOSAI Governing Board at their 54th meeting, on November 10-11, 2005. The approval included the following mandate for the subcommittee:

 

  • Disseminate the INTOSAI Implementation Guidelines for Performance Auditing.
  • Develop standards and guidelines for performance auditing on the basis of the current INTOSAI Implementation Guidelines for Performance Auditing.
  • Monitor the development and reforms of the public sector and continuously assess the consequences for performance auditing.
  • Monitor the development of relevant theories, methods, evaluations, etc. at universities and research centres and continuously assess the consequences for performance auditing.

 

PAS has 26 members: Norway (Chair) •  Australia •  Austria •  Brazil •  Canada •  Denmark •  European Court of Auditors (ECA) •  France •  Georgia •  Germany •  Guyana •  Hungary •  India •  Iran •  Kiribati •  Netherlands •  Peru •  Romania •  Russia •  Saudi Arabia •  Slovenia •  South Africa •  Sweden •  Tunisia •  United Kingdom •  United States of America

Observers: AFROSAI-E, Institute of Internal Auditors (IIA), INTOSAI Development Initiative (IDI).

 

The objective of the Performance Audit Subcommittee is to promote the INTOSAI Implementation Guidelines for Performance Auditing and to develop and disseminate other guidance that may be needed by the INTOSAI community. To fulfill its objective, the PAS is working on identifying and meeting the SAIs' most pressing needs for additional guidelines.

 

Next meeting will be held in Budapest, Hungary 18-19 April 2018.

        • Financial Audit and Accounting Subcommittee
          • The INTOSAI Financial Audit and Accounting Subcommittee

            Welcome to the website of the INTOSAI Financial Audit and Accounting Subcommittee (FAAS)

             

            Ever since the INTOSAI Congress in 1995, many Supreme Audit Institutions (SAIs) have expressed a need for more detailed guidance than provided by the former INTOSAI Auditing Standards Committee (ASC). This need was reiterated during the Congress in 1998, where the Committee was given the task to decide how best to respond to the need for Guidelines for Financial Audit, given the varying auditing mandates and systems among INTOSAI members. Furthermore, the Committee was instructed to closely follow the developments of IFAC’s International Public Sector Auditing Standards in order to keep the INTOSAI community updated and informed.

             

            Following a number of informal talks and meetings between the ASC and IFAC (International Federation of Accountants), the ASC in 2001 came to the conclusion that cooperating with IFAC, and its International Auditing and Assurance standards Board (IAASB), and drawing upon their work with internationally accepted standards would be the only way forward with the development of financial audit guidelines.

             

            In March 2002 the ASC held a Committee meeting where one important issue on the agenda was the proposal to initiate a cooperation with IFAC to develop Financial Audit Guidelines. A Working Group with a special responsibility for the development of financial audit guidelines was created within the Committee. The Working Group then consisted of Austria, Canada, Namibia, Norway, United Kingdom, United States and Sweden (chair). The Working Group was later on extended to include the SAIs of Cameroon and Tunisia.

             

            In September 2005, the responsibilities of the Working Group were taken over by the Financial Audit Subcommittee (FAS) created in the new INTOSAI committee structure.

             

            The task of the subcommittee is to produce globally accepted auditing guidelines for the public sector. This is done by leveraging the expertise and resources of the International Auditing and Assurance Standards Board (IAASB), an internationally respected assurance standards setting organization. The IAASB is a partner in the standards setting work and also attends FAS annual meetings.

             

            The State Audit Institution of the United Arab Emirates assumed the Chairmanship of FAS at the INCOSAI in Beijing in October 2013. 

             

            FAS was merged with the Accounting and Reporting Subcommittee of INTOSAI in 2016 and is now the Financial Audit and Accounting Subcommitee (FAAS).

             

            FAAS develops globally accepted auditing guidelines for the public sector. This is done by leveraging the expertise and resources of the International Auditing and Assurance Standards Board (IAASB), an internationally respected assurance standards setting organization. The IAASB is a partner in the standards setting work and also attends FAAS annual meetings.

          • Annual Meetings
            • Annual Meetings

               

              Host Dates Agenda Minutes

              Bhutan (Paro)

              27-29 March 2018 Agenda (draft) Minutes
              UAE (Abu Dhabi)

              28-30 March 2017

              Agenda Minutes
              UAE (Abu Dhabi) 

              24-25 February 2016

              Agenda Minutes

              Luxembourg (Luxembourg)

              29-30 April 2015

              Agenda Minutes