Goal 3 Knowledge Sharing & Knowledge Services Update from Knowledge Sharing Committee SAI India 1

Comptroller and Auditor General of India Work Plan  built on the essential features of openness, sharing and cooperation Establish new and maintain existing working groups; Facilitate best practices studies, consistent with diversity and sovereignty considerations; Develop a global communication policy and strategy; Promote partnerships with academic and research institutions, consistent with INTOSAI's independence requirements.

Comptroller and Auditor General of India KSC  The main committee of KSC includes all members from the Working Groups and Task Forces under Goal 3.  The Steering Committee of KSC has also been established to align the organizational set up of Goal 3 with Goals 1 and 2 of the Strategic Plan.  The KSC main committee today has 104 members and three observers.  The main Committee meet triennially in conjunction with the INTOSAI Congress.  The KSC Steering Committee meets every year.  The Chairs of the Working Groups and Task Forces Constituting Goal 3 are its members and also has six observers.  The last meeting of the KSC Steering Committee was held in New Delhi, India in September  The next meeting of the KSC Steering Committee would be held in October 2014 in Cairo, Egypt. 3

Comptroller and Auditor General of India Working Groups & Task Forces SAI India - Chair SAI Russian Federation - Goal Liaison. Working Group on Public Debt (Chair: Mexico) Working Group on IT Audit (Chair: India) Working Group on Environmental Auditing (Chair: Indonesia) Working Group on Programme Evaluation (Chair: France) Working Group on the Fight Against Corruption and Money Laundering (Chair: Egypt) Working Group on Key National Indicators (Chair: Russian Federation) Working Group on Value and Benefits of SAIs (Chair: Mexico) Working Group on Financial Modernisation and Regulatory Reform (Chair: USA) Working Group on Audit of Extractive Industries (Chair: Uganda) Task Force on Procurement Contract Audit(Chair: Russian Federation) International Journal of Government Auditing (Editor: USA) 4

Comptroller and Auditor General of India Activities of KSC  The Working Groups and Task Forces prepare a triennial document called ‘Work Plan’. The Work Plan includes project on specific aspects of audits for detailed study during next three years.  The progress of the projects are reviewed from time to time by the Working Group and Task Forces in its annual meetings.  The progress made by the various Working Groups and Task Forces are also reviewed by the KSC Steering Committee from time to time.  The progress report of the KSC (Goal-3) is also presented before the INTOSAI Governing Board and the INCOSAI.  SAI-India, being chair of the KSC, attends the annual meetings of the Working Groups/Task Forces either as a member or as an observer. 5

Comptroller and Auditor General of India Activities of KSC  The KSC Steering Committee approves exposure drafts of the various International Standards for Supreme Audit Institutions (ISSAIs) and INTOSAI Guidance for Good Governance (INTOSAI GOVs) as and when the same are received for approval of the KSC Chair.  The documents (i.e. ISSAIs or INTOSAI GOVs) are finalized by following the prescribed ‘Due Process for professional standards’ and drafting conventions for level-4 ISSAIs.  Six ISSAIs and one INTOSAI GOV developed by the Working Groups under KSC were endorsed by the XXI INCOSAI held in Beijing, China in October  An Official INTOSAI document, “Communicating and Promoting the Value and Benefits of Supreme Audit Institutions: An INTOSAI Guideline“; and an IDI-WGITA IT Audit Handbook and ‘Guidelines on Key Performance Indicators methodology for auditing IT programmers' were also approved by the XXI INCOSAI. 6

Comptroller and Auditor General of India News from KSC  The chairmanship of INTOSAI Working Group on Environmental Auditing has been transferred from SAI of Estonia to SAI of Indonesia  A new Working Group on Audit of Extractive Industries and a new Task Force on Procurement Contract Audit under the chairmanship of SAIs of Uganda and Russian Federation, respectively, has been formed  The INTOSAI Task Force on SAIs’ Information Database has been merged with INTOSAI Working Group on Value and Benefits of SAIs under the chairmanship of SAI of Mexico  The INTOSAI Working Group on Accountability for and Audit of Disaster-related Aid, chaired by the European Court of Auditors has been dissolved 7

Review of ISSAIs/INTOSAI GOVs The following ISSAIs would be taken up for review through the Chairs of the erstwhile Working Groups, who had developed these ISSAIs: ISSAI-5000: Principles for Best Audit Arrangements for International Institutions; ISSAI-5010: Audit of International Institutions - Guidance for SAIs; ISSAI-5210: Guidelines on Best Practice for the Audit of Privatizations; ISSAI-5220: Guidelines on Best Practice for the Audit of Public/Private Finance and Concessions: ISSAI-5230: Guidelines on Best Practice for the Audit of Economic Regulation; ISSAI-5240: Guidelines on Best Practice for the Audit of Risk in Public/Private Partnerships (PPP);

Comptroller and Auditor General of India ISSAI Status exposure draft of ISSAI Guideline for the Audit of Corruption Prevention in Government Agencies- prepared by the Working Group on Fight Against Corruption and Money Laundering - chair SAI Egypt Comments on the exposure draft of ISSAI-5700 have been received from 39 SAIs The ISSAI-5700 shall be submitted by the Working Group for approval by the end of 2014 after analysing comments To be presented for approval in INCOSAI

Comptroller and Auditor General of India THANK YOU 10