CAG signs pact with General Court of Audit of Kingdom of Saudi Arabia
The HinduThe Comptroller and Auditor General of India has signed a pact with the General Court of Audit, Kingdom of Saudi Arabia to strengthen cooperation and exchange of expertise between the two nations in the field of public sector auditing. The area of cooperation encompasses conducting joint training programmes on topics related to financial, performance and compliance audits and exchange of audit manuals and audit methodologies, the CAG said. The CAG stated that the support and cooperation between the two SAIs will energise their capacity development initiatives and encourage the exchange of knowledge and information between the two SAIs. Hussam Abdulmohsen Alangari, President, General Court of Audit, Kingdom of Saudi Arabia, highlighted the importance of the agreement in enhancing the cooperation in areas of competence of two SAIs to enhance and improve their respective external audit practices.