General Auditing Bureau of Saudi Arabia GAB Presentation
General Auditing Bureau of Saudi Arabia (GAB) Presentation made to the 11 th Meeting of INTOSAI Working Group on Key National Indicator 27 -29 March 2018 By : Mohammed Alwahbi Saleh Alsuhaibani
Outline of the Presentation §Introduction §GAB Vision §GAB Mission §Core values §Gab's membership §KNIs in Saudi Arabia §Challenges §Conclusion
Introduction Ø The General Auditing Bureau is a fully independent and directly connected to the king of Saudi Arabia with an annual report submitted included results and recommendations of the audited entities. ØDepending on the objective of Audit, audits are classified as follows: • Compliance Audit • Financial Attest Audit • Performance Audit • Besides this there are other audits as well on Information technology and Environmental issues.
Introduction cont. • GAB Vision : To implement financial post-audit of all state revenues and expenditures, audit all fixed and current assets of the state, prepare an annual objective evaluation of the financial management of the state and its respective agencies, monitor the proper use of public resources, and present professional, objective, reliable reports to king of Saudi Arabia.
• GAB Mission: A developed, independent and credible auditing institution that contributes to enhancing the efficiency of audited entities, establishes the principles of transparency and accountability, protects fairness and fights corruption. • Core values: ØIndependence and Impartiality ØTransparency and Accountability ØObjectivity and Professionalism ØIntegrity and Credibility • Therefore, GAB is not restricted from carrying out any other types of audits in order to achieve this mission.
GAB's Membership v. Organizations: INTOSAI – ASOSAI – ARABOSAI v. INTOSAI Governing Board Second Vice-Chair v. Supervisory Committee on Emerging Issues | SCEI Member
GAB's Membership v. Committees (Goals 1 -4) • Goal 1: Professional Standards Committee: Member • Goal 2: Capacity Building Committee: Member • Goal 3: Committee on Knowledge Sharing and Knowledge Services Member • Goal 4: Policy, Finance and Administration Committee (PFAC) Chair • Steering Committee INTOSAI-Donor Cooperation is part of the PFAC Co-chair
KNIs in Saudi Arabia ØKingdom of Saudi Arabia has a national development planning (Saudi Vision 2030) which is a plan to reduce Saudi Arabia's dependence on oil, diversify its economy, and develop public service sectors such as health, education, recreation and tourism. ØThe Council of Economic and Development Affairs is governmental organization which aims at establishing the overall governance, the mechanisms and measures necessary to achieve Saudi Vision 2030
12 Programs to accomplish vision
KNIs in Saudi Arabia • Saudi Arabia has launched many transformation programs that have paved the way for vision and will help to achieve the goals. These include, but are not limited to, the following: ØThe Performance Measurement program ØThe Government Restructuring program ØThe Project Management program ØThe National Transformation program
KNIs in Saudi Arabia The main national development indicators used are: ØEconomic reducing dependence on oil by increasing the GDP Through the diversity of economic sources. ØSocial A Vibrant Society. . with Strong Roots, with Fulfilling Lives and with Strong Foundations ØEducation ØOther indicators
KNIs in Saudi Arabia ØFurthermore, Saudi Arabia being a member of the United nations (UN), and Saudi national indicators are in line with sustainable development goals(SDGs). ØOur financial, regularity, performance and other audits are based on these programs and activities. Therefore, currently the KNI is indirectly through these audits. As an example, the performance auditing department in GAB performs audits to verify the implementation of Vision 2030 objectives.
Challenges ØInsufficient data to auditors during the implantation of national indicators auditing. ØShifting from financial and regularity auditing to KNIs auditing. ØThe lack of audit guidance to assist auditors in carrying out KNIs auditing.
Conclusion ØWe look forward to sharing experiences in auditing of national indicators with members of working group on KNIs. ØPromoting the continuous development of audit guidelines in the implementation of national indicators auditing.
THE END Thank you for your attention!
- Slides: 15