8th Meeting of the

Steering Committee of the INTOSAI Committee on

Knowledge Sharing and Knowledge Services (KSC)

Mexico City, Mexico

(7-9 September 2016)

1

Minutes =================================================================== The 8th meeting of the Steering Committee of the INTOSAI Committee on Knowledge Sharing and Knowledge Services (KSC) was held in Mexico City, Mexico, on September, 7-9, 2016. The meeting was presided over by Mr. H. Pradeep Rao, Deputy Comptroller & Auditor General, on behalf of Mr. Shashi Kant Sharma, Comptroller and Auditor General of India and Chairman of the KSC. The list of delegates who attended the meeting is attached as Annexure. Agenda Item 1: Welcome address by Mr. Juan M. Portal, Auditor General, Supreme Audit Institution of Mexico Mr. Rao introduced Mr. Benjamin Fuentes-Castro, Technical Secretary to the Auditor General of Mexico, who welcomed the committee on behalf of Mr. Juan M. Portal, CPA, Auditor General of Mexico, and emphasized on the importance of the upcoming XXII INCOSAI, especially regarding the duty of the Knowledge Sharing and Knowledge Services Committee to share with others the results of our activities, and the need to make our products ready. Finally, Mr. Fuentes thanked the Working Groups and Task Forces for their efforts that have resulted in great cooperation and knowledge sharing. Agenda Item 2: Opening remarks by Mr. H. Pradeep Rao, Deputy Comptroller & Auditor General, on behalf of the KSC Chair Mr. Fuentes gave the floor to Mr. Rao, who thanked Mr. Portal for hosting this meeting at Mexico City, welcomed the attendees and highlighted the importance of the meeting. Mr. Rao provided a brief overview of the five new agenda items that would be discussed at the meeting i.e. Cross-cutting research projects; KSC-IDI program on SDGs; Community portal; KSC Work Plan for 2017-19, and cooperation with INTOSAI regions, among others. Mr. Rao also highlighted the importance of the KSC to strengthen cooperation with the INTOSAI regions. Mr. Rao thanked the Working Groups for their efforts that have paved the way for greater cooperation and knowledge sharing, and concluded by thanking the SAI of Mexico for making the necessary arrangements to host this meeting. Agenda Item 3: Adoption of the 8th KSC Steering Committee Agenda Mr. Rao put the agenda before the members for adoption. The agenda was adopted without any change.

8th Meeting of the

Steering Committee of the INTOSAI Committee on

Knowledge Sharing and Knowledge Services (KSC)

Mexico City, Mexico

(7-9 September 2016)

2

Agenda Item 4: Report by the INTOSAI General Secretariat Ms. Monika Gonzalez-Koss, INTOSAI Secretariat and Director of Strategic Planning, reported on the INTOSAI activities. Ms. Gonzalez highlighted the progress made by INTOSAI regarding the adoption of the SDGs, topic with special relevance due to the Theme I of the coming INCOSAI. She also mentioned the new approach adopted in the upcoming INCOSAI where participation at regional level has been emphasized. Agenda Item 5: Report on INTOSAI Strategic Plan by the Director of Strategic Planning Ms. Gonzalez presented the highlights and main issues of the new INTOSAI Strategic Plan. The draft version of the Strategic Plan in English was released in April for comments, and a total of 40 comments were received and incorporated. The final version of the Strategic Plan will be presented at the XXII INCOSAI. The committee appreciated the efforts of General Secretariat and GAO for the work done in preparation of the Strategic Plan. Agenda Item 6: Report on the achievements of International Journal of Government Auditing Ms. Mary Mohiyuddin and Ms. Heather Santos of GAO USA reported on the status of the activities carried out by the INTOSAI Journal. They highlighted the recent efforts made to improve collaboration, knowledge sharing and audience engagement for the member SAIs, as well as the global auditing community, including the Journal redesign and branding efforts; social media presence, website, and event coverage. Finally, Ms. Mohiyuddin recognized and thanked the wide support of member SAIs who contribute by generously submitting articles, editorials and updates, and invited them to submit any suggestions they may have in order to improve its effectiveness. The committee welcomed the changes made in the journal for reaching out to wider INTOSAI community. Mr. Fuentes sharing his experience with OLACEFS Journal suggested linking of regional journals with INTOSAI Journal. The suggestion was welcomed by Ms. Mohiyuddin., Ms. Gonzalez mentioned about challenges in updating the directory of SAI members and the multi-language challenge for the journal. Ms. Santos answered that, at the moment, the INTOSAI Journal doesnt have any policy regarding multi-language gaps, but that they would soon address that topic.

8th Meeting of the

Steering Committee of the INTOSAI Committee on

Knowledge Sharing and Knowledge Services (KSC)

Mexico City, Mexico

(7-9 September 2016)

3

Ms. Nanna Schnipper, Adviser at the PSC Secretariat, asked about the update frequency of the news items submitted to the Journal and urged that even though it is difficult, Journal may consider finding a way to update the news as soon as it is submitted rather than waiting for the next issue. Agenda Item 7: Report on recent activities of the INTOSAI Development Initiative (IDI) Mr. Shourjo Chatterjee, IDI Strategy & Knowledge Manager, reported the status of the IDI projects since the 7th Steering Committee meeting, and also described the cooperation between the IDI and the Chair and Working Groups of the INTOSAI KSC. Mr. Chatterjee presented the IDI outreach results of the capacity development programmes offered during 2015, and the activities currently being undertaken in the 2016-2018 Operational Plan. Regarding the cooperation between the IDI and the KSC Chair, Mr. Chatterjee explained about the INTOSAI Community Portal, which currently hosts several communities of practice and the plans to develop the portal as a one point information and interaction hub for the INTOSAI Community . Another IDI KSC joint project is on Auditing Sustainable Development Goals. This project is created with the objective of developing capacity in member SAIs for conducting high quality audits of sustainable development goals. Mr. Chatterjee also mentioned about IDIs cooperation with various KSC Working Groups . He also briefed the committee on the status of the IDI Governance Review. The Committee noted the activities of the IDI and its various programs. Agenda Item 8: Report by the INTOSAI Professional Standards Committee (Goal-1) Ms. Nanna Schnipper, Adviser at the SAI of Denmark and PSC Secretariat, representing the Chair of the INTOSAI PSC, informed about PSC Steering Committee meeting held in Copenhagen, on May 29 31, 2016. The KSC Steering Committee took note of the status of the ISSAI Framework, regarding three categories:

1) Revised ISSAIs (due for adoption at INCOSAI 2016) ISSAI 30: Code of Ethics ISSAI 3000: Performance Audit Standard ISSAI 3100: Guidelines on Central Concepts for Performance Auditing ISSAI 3200: Guidelines for the Performance Auditing Process ISSAI 4000: Compliance Audit Standard

2) Withdrawal of ISSAI (due for adoption at INCOSAI 2016)

8th Meeting of the

Steering Committee of the INTOSAI Committee on

Knowledge Sharing and Knowledge Services (KSC)

Mexico City, Mexico

(7-9 September 2016)

4

ISSAI 1000: General Introduction to the INTOSAI Financial Audit Guidelines 3) Revised practice notes to ISSAIs (Not requiring adoption at INCOSAI 2016)

PN ISSAI 1210: Agreeing the Terms of Audit Engagements PN ISSAI 1260: Communication with those Charged with Governance PN ISSAI 1570: Going Concern PN ISSAI 1610: Using the Work of Internal Auditors PN ISSAI 1700: Forming an Opinion and Reporting on Financial Statements PN ISSAI 1701: Communicating Key Audit Matters in the Independent

Auditor's Report PN ISSAI 1705: Modifications to the Opinion in the Independent Auditor's

Report PN ISSAI 1706: Emphasis of Matter Paragraphs and other Matter Paragraphs

in the Independent Auditor's Report PN ISSAI 1720: The Auditor's Responsibilities Relating to Other Information

in Documents Containing Audited Financial Statements PN ISSAI 1800: Special Considerations - Audits of Special Purpose Financial

Statements PN ISSAI 1805: Special Considerations - Audits of Single Financial Statements

and Specific Elements, Accounts or Items of a Financial Statement PN ISSAI 1810: Engagements to Report on Summary Financial Statements

Ms. Schnipper also briefed the committee about the new Due Process for INTOSAIs framework of professional pronouncements. She informed about the new Framework for INTOSAIs Professional Pronouncements consisting of (1) INTOSAI Principles, (2) Auditing Standards and (3) Auditing Guidance. Regarding the governance of the FIPP, it was informed that the goal chairs will have an executive function, the governance of FIPP will be a responsibility of the PSC Steering Committee. The strategic responsibility for FIPP will lie with Goal 1, and that the PSC Steering Committee will have a specific role in relation to other INTOSAI bodies regarding the governance function for FIPP. The Committee noted the update from PSC secretariat. Agenda Item 9: Progress Report of the Working Group on Environmental Auditing (WGEA), and discussion Ms. Juska Meidy Enyke Sjam, from SAI Indonesia reported about the work done by WGEA which included several research projects which are expected to be endorsed in the WGEA Assembly in Oc