NAO launches Audit, Partnership Symposium

Manama, Nov. 29 (BNA): The second National Audit Office (NAO) Audit and Partnership symposium kicked off with 300 participants from most entities covered by the NAO’s audit mandate.

 

The two-day symposium focuses on the importance and role of the Supreme Audit Institutions, the audit types carried out by the NAO in Bahrain, the latest developments in the NAO’s work, and the best ways to deal with its reports, observations, and recommendations.

 

The symposium will discuss digital transformation and modern technology, the importance of electronic auditing in light of this transformation, ways, and aspects of enhancing cooperation and partnership between the NAO and the entities subject to its audit, technical developments in the field of auditing, and the need to deal with them, as well as other topics.

 

"The symposium aims to raise awareness of the importance of the role of Supreme Audit Institutions and to raise the level of cooperation, coordination, and partnership between the NAO and the relevant entities to achieve the desired integration into the audit work", NAO Auditor General Shaikh Ahmed bin Mohammed Al Khalifa.

 

The symposium targets undersecretaries, assistant undersecretaries, managers and CEOs, department directors, consultants, auditors, accountants, legal experts, and audit work coordinators, while specialists from the International Organization of Supreme Audit Institutions (INTOSAI), international auditing firms, local companies, and entities.

 

"The organization of the second symposium came after the success of its first symposium held in early 2020, the positive outcomes that resulted from it, and the benefits achieved by the participants, in the hope that this time we will achieve additional benefits for the participants, the entities they represent, and the NAO alike, " he said.

 

The symposium comes in line with NAO’s 20th anniversary which was established in 2002 as one of the outcomes of the development process of His Majesty King Hamad bin Isa Al Khalifa and supported and followed up by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and began its mission in 2003.

He said that NAO applied international auditing standards especially those issued by the International Organization of INTOSAI.

 

Source: https://www.bna.bh/en/NAOlaunchesAuditPartnershipSymposium.aspx?cms=q8FmFJgiscL2fwIzON1%2bDoEr56VkAhdhe1iCzS8KDpw%3d

 

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