Author Topic: The Revised INTOSAI Framework of Professional Pronouncements  (Read 133 times)

chandra

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The Revised INTOSAI Framework of Professional Pronouncements
« on: June 21, 2016, 15:14:51 GMT »
Dear Professional Colleagues,

The Forum for INTOSAI Professional Pronouncements (FIPP)  has proposed to revise the INTOSAI Framework of Professional Pronouncements (IFPP)and asked the FIPP, in collaboration with the PSC chair to invite the wider INTOSAI community and its external stakeholders to comment upon it.

There are seven key changes in the existing ISSAI Framework as below:
1) the revised framework will be called the INTOSAI Framework of Professional Pronouncements (IFPP) to reflect the fact that it includes documents other than ISSAIs (standards);
2) the ISSAI brand is retained and ISSAIs are part of the IFPP;
3) only documents that set out requirements to support ISSAI 100 and are consistent with ISSAI 100 are named as ISSAIs;
4) other documents may be included in the IFPP under other categories or linked to it on the ISSAI web site (www.issai.org) – the FIPP suggests that two other categories are relevant in the IFPP, the INTOSAI Principles (INTOSAI-P) and the Auditing Guidance (GUID);
5) the IFPP reflects the need to reduce the number of ISSAIs that have to be implemented to achieve ISSAI compliance, thereby facilitating easier ISSAI implementation;
6) the need to accommodate the future development of an INTOSAI competency framework for public sector auditing as well as other pronouncements that may facilitate better ISSAI implementation are foreseen within the framework;
7) The INTOSAI Guidance for Good Governance (INTOSAI-GOV) documents are valuable and after review of their content may be included/integrated in the IFPP as core principles or GUIDs.

The PSC now seeks comment on the proposed revisions in the framework.

In this context, Please find attachment ( or visit www.issai.org) on Proposed Revised Framework and provide your valuable comments  no later than 5 August 2016 to PS @rigsrevisionen.dk

Thanking you.

Best Regards,
Chandra Kanta Bhandari, FCA


With Best Regards,
Chandra Kanta Bhandari, FCA, CPFA

 

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