INTOSAI Subcommittee on Internal Control Standards – achievements to

date

Subcommittee meeting, Vilnius, 27-28 May 2014

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PAST MEETINGS

November 2011, Warsaw, Poland

April 2012, Warsaw, Poland

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ACTIVITY 2011-2014 (1)

Survey on risk management in the public sector INTOSAI Community 62 responses Research Paper on Risk Management in the Public Sector revision of INTOSAI GOV 9130 in 2014-2016

Survey on reporting on internal control in the public sector INTOSAI Community 64 responses Research Paper on Reporting on Internal Control in the Public Sector revision of INTOSAI GOV 9110 in 2014-2016

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ACTIVITY 2011-2014 (2)

Comments on COSO 1992 Internal Control – Integrated Framework

Cooperation with The IIA:oThe IIA as an observer to the SubcommitteeoSubcommittee represented to the International Internal Audit Standards Board of The IIA (IIASB)oThe IIA’s comparison of The IIA and INTOSAI standards

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ACTIVITY 2011-2014 (3)

Comments on draft Good Governance in the Public Sector by IFAC and CIPFA

Subcommittee members’ input to the discussion on the INTOSAI standard-setting processes held at the PSC leadership meeting in Copenhagen, April 2014

Subcommittee Chair’s participation in the EUROSAI-ECIIA Editorial Committee

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WORK PLAN 2014-2016

• Presented at the INTOSAI Governing Board meeting in Beijing, October 2013

• Presented to the INCOSAI in Beijing, October 2013

• Presented to the Steering Committee of the Professional Standards Committee, 20 May 2014 – with a note on potential changes resulting from the discussion at this Subcommittee meeting (approved)

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WORK PLAN 2014-2016

1. Draft revised INTOSAI GOV 9110 on internal control reporting.

2. Draft revised INTOSAI GOV 9130 on risk management.

3. Examine INTOSAI GOVs 9100, 9120, 9140 and 9150, and to present a proposal on their revision in the following years.

4. Actively promote the INTOSAI GOVs on internal control.

5. Further develop the Subcommittee e-platform.

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THANK YOU