The Training Department of the General Auditing Commission (GAC) in collaboration with the Swedish National Audit Office (SNAO) on March 12, 2010 conducted a two-day workshop in the training room of the Commission.

The workshop, held under the topic “INTOSAI ISSAI Financial Audit Guidelines”, was attended by 70 senior audit managers, senior staff and senior auditors and was facilitated by Dr. Jenny Ohman Audit Director of SNAO and Mr. Jan-Ake Nilsson, INTOSAI Financial Audit Subcommittee.

The INTOSAI Financial Audit Guidelines are meant to provide high quality guidance for the audit of financial statements in the public sector.

Nilson, among other things, said GAC is the first Supreme Auditing Institution in the world to benefit from the exercise which was aimed at providing an overview of the purpose, structure and use of the INTOSAI Financial Audit Guidelines expected to be endorsed by INTOSAI Congress in November this year.

He stressed the need for INTOSAI to cooperate with the global organization for the private sector accountancy profession, the International Federation of Accountants (IFAC) and its auditing standard setting body, the International Auditing and Assurance Standard Board (IAASB).

He also said that INTOSAI Financial Audit Guidelines are part of a hierarchy of standards within INTOSAI, called the INTOSAI Standards for Supreme Audit Institutions (ISSAIS).

For his part, the Director of Training, Mr.Henason Kollie, expressed thanks to the SNAO for choosing Liberia as the only country to benefit from this exercise before the pending Congress.

Also making remarks at the certification ceremony, Auditor General John Morlu, lauded the effort of the SNAO and indicated that GAC is working around the clock to build the capacity of all its staff to the fullest.

”I am pleased that GAC which is in its third year is able to recruit committed and delegated staff working tirelessly around the clock.

At the end of the exercise, 70 staff of the GAC who partook in the workshop were awarded certificate of achievements.