04 March 2007
MUSCAT -- The Sultanate, represented by the State Audit Institution, is hosting the 5th Performance Audit Seminar, which began yesterday at the Grand Hyatt Muscat presided over by Sayyid Abdullah bin Hamad al Busaidy, Chairman of the State Audit Institution, in the presence of Vijayendra N Kaul, Comptroller and Auditor General of India, Chairman of Standing Committee on IT Audit. The seminar aims at improving the efficiency of the state audit and provides a valuable opportunity for its employees to exchange expertise with experts in the field.
Specialists from the Sultanate and the participating countries presented papers on IT governance and the importance it holds for the IS auditor, IT governance as a strategic issue, key issues for relaying on external consultants for IT projects and role of IT development of non-financial audit. "The seminar is important in the context of the prominence it is given globally to performance audit in the use of IT. The priority accorded to performance audit has led to fundamental changes in audit execution.
"It has also resulted in the number of performance audits carried out exceeding the number of financial audits in some of our friendly audit institutions. This trend in favour of performance audit is driven by the need to achieve efficiency, effectiveness and economy in management of audited entities," said Al Busaidy in his opening speech. According to state audit officials, Oman is the first Arab country to hold the seminar. The 4th round was held in Moscow in 2004 with the Sultanate's participation.
Oman hosting this seminar comes as part of the institution's efforts to develop its performance and raise the knowledge of its employees. Around 28 countries are taking part in the seminar including the Sultanate, USA, Sweden, Norway, Russia, Austria, UAE, Jordan, Germany, Holland, Canada, UK, Japan, Zimbabwe, Pakistan, Kuwait, China, Poland, India, Columbia, Brazil, Bhutan, Lithuania, Indonesia, Qatar, Ivory Coast, Iraq and the INTOSAI Development Initiative.
MUSCAT -- The Sultanate, represented by the State Audit Institution, is hosting the 5th Performance Audit Seminar, which began yesterday at the Grand Hyatt Muscat presided over by Sayyid Abdullah bin Hamad al Busaidy, Chairman of the State Audit Institution, in the presence of Vijayendra N Kaul, Comptroller and Auditor General of India, Chairman of Standing Committee on IT Audit. The seminar aims at improving the efficiency of the state audit and provides a valuable opportunity for its employees to exchange expertise with experts in the field.
Specialists from the Sultanate and the participating countries presented papers on IT governance and the importance it holds for the IS auditor, IT governance as a strategic issue, key issues for relaying on external consultants for IT projects and role of IT development of non-financial audit. "The seminar is important in the context of the prominence it is given globally to performance audit in the use of IT. The priority accorded to performance audit has led to fundamental changes in audit execution.
"It has also resulted in the number of performance audits carried out exceeding the number of financial audits in some of our friendly audit institutions. This trend in favour of performance audit is driven by the need to achieve efficiency, effectiveness and economy in management of audited entities," said Al Busaidy in his opening speech. According to state audit officials, Oman is the first Arab country to hold the seminar. The 4th round was held in Moscow in 2004 with the Sultanate's participation.
Oman hosting this seminar comes as part of the institution's efforts to develop its performance and raise the knowledge of its employees. Around 28 countries are taking part in the seminar including the Sultanate, USA, Sweden, Norway, Russia, Austria, UAE, Jordan, Germany, Holland, Canada, UK, Japan, Zimbabwe, Pakistan, Kuwait, China, Poland, India, Columbia, Brazil, Bhutan, Lithuania, Indonesia, Qatar, Ivory Coast, Iraq and the INTOSAI Development Initiative.
By Khalid al Jadidi
© Oman Daily Observer 2007
