Background
The International Organization of Supreme Audit Institutions (INTOSAI) is an autonomous, independent, professional and nonpolitical organization established as a permanent institution.
At the time of its foundation in 1953, INTOSAI had 34 members. At present, INTOSAI has:
- 195 Full Members,
- 5 Associate Members and
- 1 Affiliate Member.
Objective
The main aim of INTOSAI is to promote the exchange of ideas, knowledge and experience between its members, the Supreme Audit Institutions (SAIs) of countries around the globe, with other international organizations and stakeholders in the field of government auditing.
INTOSAI’s time-proven principles have always revolved around the equality of all members and their voluntary participation in INTOSAI.
Functions
The functions of INTOSAI are as follows:
- To provide mutual support to SAIs;
- To foster the exchange of ideas, knowledge, and experiences;
- To act as a recognized global public voice of SAIs within the international community;
- To set standards for public sector auditing;
- To promote good national governance; and
- To support SAI capacity development, cooperation and continuous performance improvement.
Regional Organizations
INTOSAI recognizes Regional Organizations as related autonomous entities, established for the purpose of promoting the professional and technical cooperation of its members on a regional basis.
The INTOSAI Governing Board has recognized the following seven Regional Organizations:
|
No. |
Particular |
Abbreviation |
|
1 |
Organization of Latin American and Caribbean Supreme Audit Institutions |
OLACEFS |
|
2 |
African Organization of Supreme Audit Institutions |
AFROSAI |
|
3 |
Arab Organization of Supreme Audit Institutions |
ARABOSAI |
|
4 |
Asian Organization of Supreme Audit Institutions |
ASOSAI |
|
5 |
Pacific Association of Supreme Audit Institutions |
PASAI |
|
6 |
Caribbean Organization of Supreme Audit Institutions |
CAROSAI |
|
7 |
European Organization of Supreme Audit Institutions |
EUROSAI |
Benefits of relationship with INTOSAI
Myanmar SAI becomes a member of INTOSAI in 1995, and the benefits obtained as a member of INTOSAI are:
- ability to learn advanced audit and accounting techniques, knowledge which are changing and improving from time to time;
- ability to do effective and efficient applications with respect to government auditing techniques and methods;
- ability to upgrade professional accounting and auditing skills;
- ability to overcome obstructions, difficulties and challenges by exchanging and sharing accounting and auditing knowledge and experiences among member countries;
- ability to get chances to participate in training programs, seminars, workshops sponsored by INTOSAI;
- ability to upgrade skills and abilities of audit staff by applying above opportunities and keep abreast of the world;
- ability to access recent development and changes in international accounting standards, international auditing standards and current issues through quarterly journals and magazines published from INTOSAI.