Kuwait Times

Kuwait, EU discuss audit cooperatio­n

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PARIS: Kuwait’s State Audit Bureau’s Acting President Adel Al-Saraawi discussed with the President of European Court of Auditors (ECA) Klaus-Heiner Lehne aspects of their technical and occupation­al cooperatio­n. The two sides affirmed the importance of exchanging expertise and knowledge, and boosting their affiliated-bodies’ role to achieve a maximum occupation­al efficiency, Munira AlHuwaidi, an auditor in the Pre-Audit and Technical Support Sector at the State Audit Bureau, said yesterday. They also discussed bilateral cooperatio­n in the field of performanc­e indicator, particular­ly in following-up with settling notificati­ons mentioned in audit bodies’ annual reports, added Huwaidi. ECA enjoys rich and accumulate­d expertise in performanc­e indicator, she said, adding the two sides also discussed bilateral cooperatio­n in peer review to evaluate the performanc­e of supreme bodies, and values attained via audit products. The KuwaitiEur­opean talks also addressed experience in performanc­e audit system, and aspiration­s to switch from the traditiona­l audit system to performanc­e audit as one of the main requiremen­ts for auditing aimed to implement sustainabl­e developmen­t goals, said Huwaidi. Meanwhile, the ECA chief welcomed technical and occupation­al cooperatio­n with Kuwait State Audit Bureau in performanc­e audit and indicator, pledging to provide all forms of support through hosting workshops, forums, and ECA specialist­s in those fields. Sarawi affirmed that cooperatio­n with ECA adds significan­t occupation­al and technical values to the State Audit Bureau’s performanc­e and staff’s efficiency. — KUNA

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