India and Maldives sign MoU on strengthening public finance auditing

New Delhi, October 24: With the aim of developing and strengthening professional capacities and improving methodologies in the field of public finance auditing, the Comptroller and Auditor General of India and the Auditor General of Maldives signed a memorandum of understanding on Sunday. ‘okay, an official said.

The agreement, signed in Malé by the visit of CAG Girish Chandra Murmu and Auditor General Hussain Niyazy, aims to exchange information in the field of public sector auditing between India and the Maldives.

Key auditors from both countries also agreed to conduct training programs in their respective countries for their staff as needed and explore other ways to support capacity development and cooperate in mutually beneficial areas.

On the occasion, Murmu said that India, as a signatory to the UN’s environmental accounting efforts, has pledged to monitor 25 environment-related goals, paying particular attention to the goal n ° 15.9 related to environmental and economic accounting which plans to integrate the ecosystem. and the values ​​of biodiversity in national and local planning, development processes, poverty reduction strategies and accounts.

“The memorandum of understanding signed between the two SAIs will bring more flexibility and dynamism in the transfer of knowledge and cooperation between our SAIs. Smart auditing practices, faster and more efficient data analysis, as well as capacity building by training our teams in the latest best practices will go a long way in creating a solid foundation for the growth goals of both economies, ”he said. -he declares.

On the occasion, Niyazy expressed his deep gratitude to his Indian counterpart for his continued support and generous assistance in helping his institution to strengthen and develop the necessary capacities of its staff through the International Center for Information Systems and Development. audit (iCISA) and the International Environmental Training Center. CAG Audit and Sustainable Development (iCED).

ICISA organized two virtual training programs for the staff of the Office of the Auditor General (AGO) in 2021. In previous years, many AGO staff have attended training programs organized by the Office of the Auditor General (AGO). ‘iCISA which are funded by the Indian government under Indian Technical Economic Cooperation. (ITEC).

In addition, AGO staff have participated in environmental audit training programs conducted by iCED.

The institutional relationship between government auditors was formally established in 2008 with the signing of a Memorandum of Understanding, which led to the strengthening of ties due to the close bilateral relations and regional cooperation and the fact that the two institutions are members of the Asian Organization of Supreme Audit Institutions (ASOSAI) and the International Organization of Supreme Audit Institutions (INTOSAI).(IANS)

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