Projects for Strategic Development Plan of INTOSAI Framework for Professional Pronouncement 2020-25

1. 15th CAS meeting ( Luxembourg)Projects to be considered for new Strategic Development Plan (SDP) of INTOSAI Framework for Professional Pronouncement (IFPP) 2020-25 SAI India: Chair of CAS

2. The criteria for selection of individual project • Criteria suggested by PSC • Completeness of the ISSAI framework to fill gaps or for improvement • Should address needs of INTOSAI community • Add value by support at least one audit stream • Absence of alternative: Not covered by other pronouncements • Capable of being applied and clear • Principle-based, rather than instructional.

3. Potential areas of interest of INTOSAI members • Enhancing ISSAIs implementation by SAIs • What is the definition of what constitutes “implementation” and “consistency” within the ISSAIs? • How do we achieve successful implementation of the ISSAIs in a SAI? • How can INTOSAI’s guidance be further developed in order to better facilitate the implementation of the ISSAIs?

4. Potential areas of interest of INTOSAI members • Issues specific to public sector auditors • Are there existing guidelines which can be revised or enhanced to better address these issues? • Is there a need to produce new guidelines to respond to these issues?

5. Potential areas of interest of INTOSAI members • General applicability of the IFPP for SAI’s • Is there a need for new principles, standards, or guidance to help SAIs address such issues? • If so, in what areas? • Does the IFPP accommodate all SAI regions, models, and mandates for SAIs?

6. Potential areas of interest of INTOSAI members • Operationalizing SAI independence • Is there a need for new principles, standards, or guidance to help SAIs address these issues? •  If so, in what areas?

7. Potential areas of interest of INTOSAI members • How to improve the Quality Control and Assurance in our SAIs • Should ISSAI 40 be opened for revision or should we just have further guidance? • If opened for revision, what aspects of ISSAI 40 need revision to make a future version of ISSAI 140 more relevant and user-friendly? • Are there other important means to improve quality control and assurance?

8. Potential areas of interest of INTOSAI members • Audit Communications and Reporting of Audit Results • How can SAIs effectively communicate relevant information to targeted audiences in a technological environment? • What are some approaches to consider? • What potential risks are there to certain approaches? • How can audit communications and results maximize and demonstrate the values and benefits provided by SAIs to the public?

9. Potential areas of interest of INTOSAI members • New Technologies and innovative approaches • How do we audit around these technologies (Identify, Protect, Detect, Respond and Recover and the core structure of audit around these systems)? • And who will audit around them? • Which new technologies and/or innovations currently (or could potentially) disrupt aspects of the audit world? • In addition, what new technologies or innovations could benefit the audit world (increase efficiency and/or effectiveness)? • Do we need to produce (or revise existing) guidelines or an ISSAI, to respond to any of these specific issues?

10. Schedule and suggestions received • PSC had given the deadline of 5th October 2018 for submission of inputs from CAS. • PSC agreed to our suggestion to submit the inputs from CAS after conclusion of the 15th CAS meeting. • CAS will also be required to review suggestions received from various members of INTOSAI community on the new SDP as per procedure prescribed by FIPP.

11. Discussion points • Should any new project be suggested for inclusion in the new SDP of IFPP 2020-25, if so what are the projects and their tentative scope. • What should be the institutional arrangements within CAS for review and comments on proposals for projects pertaining to compliance audit submitted for review by CAS. • What should be the response of CAS to the considerations indicated by PSC in their communication dated 4 July 2018, for preparation of new SDP.

12. Discussion Points • The present SDP includes projects under priority 3-stregthening professional pronouncement to be considered beyond 2019. Project 3.9 “obtaining an understanding of law and regulations and other authorities regulating public entities in the context of a compliance audit” indicates that the material for the project is to be sourced from CAS. • This subject however has been dealt with adequately under project 2.3 on guidance on authorities to be considered while examining the regularity and propriety aspect in compliance audit and hence may not be required to be included in next SDP 2020-25 of IFPP.

13. Suggestions for SDP 2020-25 • SAI Azerbaijan has suggested “Enhancing Assurance and Quality Control in Compliance Audit”. • Project 3.6 of SDP: Cross-cutting issues in ISSAI 3000 and 4000 – requirements for direct reporting engagements and guidance on related technical issues • Project 3.7 of SDP: Auditing of implementation of state budgets and consolidated state accounts • Development of framework for assessing impact of compliance audits-assessment of changes in practice or implementation of recommendations recommended by SAI France in 2017 • Guidance on use of data analytic techniques in audit • Guidance on risk assessment framework • Guidance on sampling techniques

14. THANKs