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Gulf Press > Uncategorized > The UAE has been elected to an institution for Asian nations specializing in auditing and public finance.
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The UAE has been elected to an institution for Asian nations specializing in auditing and public finance.

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Last updated: 2024/09/29 at 12:06 AM
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The UAE has been elected to the ASOSAI Governing Board for the 2024-2027 period during the 16th ASOSAI Assembly in New Delhi, India. The UAE, represented by the UAE Accountability Authority led by Humaid Obaid Abu Shabas, Chairman of the UAE Accountability Authority, participated in the assembly to enhance cooperation among Asian nations in the supervision of public finance and auditing within the INTOSAI framework. The assembly, chaired by the Comptroller- and Auditor-General of India, focused on strengthening cooperation and collaboration in auditing and financial supervision among Asian countries.

During the event, the UAE delegation engaged in bilateral meetings with representatives from other participating countries to enhance cooperation in auditing and financial supervision. The UAE’s election to the ASOSAI Governing Board reflects its commitment to promoting transparency and accountability in public finance and auditing within the Asian region. This election also highlights the UAE’s leadership in the field of auditing and financial oversight, showcasing its dedication to upholding international standards and best practices in public finance and auditing.

The ASOSAI Assembly provides a platform for Asian nations to come together and discuss key issues related to auditing and financial supervision. The election of the UAE to the ASOSAI Governing Board for the 2024-2027 period will enable the UAE to play a key role in shaping the future of auditing and financial oversight in the region. By actively participating in the assembly and engaging in bilateral meetings with other countries, the UAE is demonstrating its commitment to enhancing cooperation and collaboration in the field of auditing and financial supervision.

The UAE’s election to the ASOSAI Governing Board is a testament to its leadership and expertise in the field of public finance and auditing. The UAE Accountability Authority, under the leadership of Humaid Obaid Abu Shabas, has played a key role in promoting transparency and accountability in public finance management in the UAE. The UAE’s election to the ASOSAI Governing Board will further strengthen its position as a leader in the field of auditing and financial oversight in the Asian region.

Overall, the UAE’s election to the ASOSAI Governing Board for the 2024-2027 period is a significant achievement that highlights the country’s leadership in promoting transparency and accountability in public finance and auditing. By actively participating in the ASOSAI Assembly and engaging in bilateral meetings with other countries, the UAE is demonstrating its commitment to enhancing cooperation and collaboration in the field of auditing and financial supervision. The UAE’s election to the ASOSAI Governing Board is a recognition of its expertise and leadership in the field of auditing, and it will enable the country to play a key role in shaping the future of auditing and financial oversight in the Asian region.

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News Room September 29, 2024
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