1. Agenda Item No. 25 INTOSAI Strategic Plan (2017-2022) Strategic objectives and goals of KSC (Goal 3) SAI-India Comptroller and Auditor General of India1 7 th KSC Steering Committee Meeting Washington D.C. (15 and 16 October 2015)

2. Strategic Goal 3 Knowledge sharing/knowledge Services Encourage SAI cooperation, collaboration, and continuous improvement through Knowledge Development; Knowledge Sharing and; Performance Assessment & Verification, including producing/revising INTOSAI products, providing benchmarks, conducting best practice studies, and performing research on issues of mutual interest and concern Comptroller and Auditor General of India

3. KSC (Goal 3) Responsible for Knowledge Development, Knowledge Sharing and Performance Assessment & Verification KSC will serve as hub for INTOSAI’s efforts to share knowledge regarding SAIs’ efforts to support and evaluate Sustainable Development goals within context of varied audit authority Comptroller and Auditor General of India

4. Strategic Objectives Three strategic objectives (one for each function) have been identified as there are three distinct functions under KSC Develop and maintain ISSAI standards and other ISSAI products for consideration by Common Forum Enable wide exchange of knowledge and experience among INTOSAI members Facilitate continuous improvement of member SAIs through self-assessment and internal and external verification process Comptroller and Auditor General of India

5. Key Strategies to achieve Goal and Objectives Comptroller and Auditor General of India Knowledge Development Preparation of new ISSAI products Revision of ISSAI products Knowledge Sharing IDI-KSC Knowledge Sharing Platform Research Projects Performance Assessment & Verification SAI PMF Peer Review

6. Key Strategies to achieve Goal and Objectives In addition to existing Working Groups under KSC, Performance Audit Subcommittee (PAS), Financial Audit Subcommittee (FAS), and Compliance Audit Subcommittee (CAS) would also now be under KSC as they are also involved with knowledge development Implementation plan for Strategic Plan includes a work plan with annual targets for development of new standards, guidelines, and other ISSAI products during 2017-2022 This work will be done in collaboration with PSC and Common Forum Comptroller and Auditor General of India

7. Present position KSC’s strategic objectives and goals were forwarded to the GAO (Chair of Task Force on Strategic Planning) for inclusion in the INTOSAI Strategic Plan (2017-2022) Draft objectives and goals of KSC were shared with other INTOSAI Goal Chairs (i.e. PSC and CBC) to take a united position on common issues GAO circulated current draft of INTOSAI Strategic Plan (2017-2022) for comments/ suggestions from members of Task Force Comptroller and Auditor General of India

8. Proposal before the KSC Steering Committee To take note of progress made so far To approve the objectives and goals of KSC (Goal 3) Comptroller and Auditor General of India

9. THANK YOU Comptroller and Auditor General of India9