1. Presentation to the PSC Steering Committee, May 2016, Copenhagen The proposed INTOSAI Framework of Professional Pronouncements (IFPP) Forum for the INTOSAI Professional Pronouncements (FIPP)

2. Consider and propose how the ISSAI Framework can be further developed by: FIPP terms of reference for 2016  Clearer distinction between auditing standards, other requirements, guidelines, etc …  Clearer directions on the format and quality requirements for each category

3. Authoritative framework for public sector auditing Credible High technical quality INTOSAI pronouncements

4. 93 pronouncements The current INTOSAI Framework of Professional Standards (IFPS) > 3,100 pages 4 levels 13 categories All are ISSAIs or INTOSAI GOVs

5. Central importance of ISSAI 100 and a need to re-focus around this Greater clarity – what is authoritative/ compulsory and what is guidance? Are there gaps that should be filled? To whom are the pronouncements addressed? The case for change

6. Gap – competency framework for education and certification The proposed IFPP ISSAIs set out requirements to support, and are consistent with, ISSAI 100 Other documents included in IFPP or linked to it at www.issai.org ISSAI brand retained – the standards Less ISSAIs to be implemented for ISSAI compliance

7. INTOSAI core principles INTOSAI founding principles INTOSAI Principles (INTOSAI-P) INTOSAI Framework of Professional Pronouncements (IFPP) 1 2 3 4 5 8 6 9 7 10 11 18 Auditing Standards (ISSAI-A) Financial audit:Performance audit: Compliance audit: SAI organisational requirements - SAI level Fundamental principles of public sector auditing - Engagement level Financial audit principles Other engagements: Financial audit standards Performance audit principles Performance audit standards Compliance audit principles Compliance audit standards (Reserved for future development based on ISSAI 100 ) … and competency standards Competency Standards (ISSAI-C) (Possibly) Competency principles (Reserved for future development) 12131415 16 17 Supplementary financial audit guidance Supplementary performance audit guidance Supplementary compliance audit guidance Other guidance Supplementary competency guidance Subject matter specific guidance Auditing Guidance (GUID) (Guidance on how the ISSAIs can be applied to specific subject matters such as environment, privatisation, public debt, disaster-related aid, corruption prevention, internal control.. etc. ) Other Guidance Competency Guidance Supplementary guidance on other engagements 19 INTOSAI principles International Standards of Supreme Audit Institutions INTOSAI Guidance

8. INTOSAI core principles INTOSAI founding principles INTOSAI Principles (INTOSAI-P) INTOSAI Framework of Professional Pronouncements (IFPP) 1 2 3 4 5 8 6 9 7 10 11 18 Auditing Standards (ISSAI-A) Financial audit:Performance audit: Compliance audit: SAI organisational requirements - SAI level Fundamental principles of public sector auditing - Engagement level Financial audit principles Other engagements: Financial audit standards Performance audit principles Performance audit standards Compliance audit principles Compliance audit standards (Reserved for future development based on ISSAI 100 ) … and competency standards Competency Standards (ISSAI-C) (Possibly) Competency principles (Reserved for future development) 12131415 16 17 Supplementary financial audit guidance Supplementary performance audit guidance Supplementary compliance audit guidance Other guidance Supplementary competency guidance Subject matter specific guidance Auditing Guidance (GUID) (Guidance on how the ISSAIs can be applied to specific subject matters such as environment, privatisation, public debt, disaster-related aid, corruption prevention, internal control.. etc. ) Other Guidance Competency Guidance Supplementary guidance on other engagements 19 INTOSAI principles International Standards of Supreme Audit Institutions INTOSAI Guidance

9.  Clear, logical and simple to follow → time-proofed Classification principles  Principles, standards and guidance  Audit and competency  19 categories  A work-in-progress  final proposal to come  with a numbering system and drafting conventions  appropriate prominence to founding and core principles

10. Migration process Governed by INTOSAI due process 1000, 3000 and 4000 – largely editorial For remaining level 4, thorough review and updating (alignment with ISSAI 100) INTOSAI-GOV: – Addressed to auditors → guidance in IFPP – Addressed to others → outside IFPP but on www.issai.org Another work-in-progress

11. Next 1 Comments from the INTOSAI community PSC-SC (including goal chairs) approve final proposal 23 Governing Board → INCOSAI endorsement 4 Strategic development plan, with classification principles and migration process FIPP drafting guidelines (early 2017) 5 Goal chairs inform sub-committees and WGs 67 Information on www.issai.org steps

12. Thank you!