|The European Confederation of Institutes of Internal Auditing (ECIIA) and the European Organisation of Supreme Audit Institutions (EUROSAI) signed Cooperation Agreement in a formal ceremony in Rome, hosted by Poste Italiane. This new European agreement foresees several forms of collaboration between the two entities, leveraging the experience and authority of each. The potential for optimizing control in the public sector is extremely high, as explained during the ceremony by Presidents Jacek Jezierski (EUROSAI) and Phil Tarling (ECIIA) Opening the ceremony was Massimo Sarmi, CEO of Poste Italiane and Giorgio Clemente, Secretary General of the Court of Auditors of Italy. Speakers included Tzvetan Tzvetkov,Vice-President of the Bulgarian National Audit Office, and Carolyn Dittmeier, Vice President ECIIA and Chief Audit Director Poste Italiane, members of the international task force that set the foundations for the agreement. |
This agreement of collaboration follows the global memorandum of understanding reached in December between the International Organisation of Supreme Audit Institutes (INTOSAI) Professional Standards Committee and the Institute of Internal Auditors (IIA) in Johannesburg, South Africa, which reinforced the framework for cooperation between the two global standard-setting bodies that over the past three years has permitted significant milestones in guidance over control standards in the Public Sector (INTOSAI Guidance for Good Governance papers, Internal Audit Independence in the Public Sector, Co-ordination and Co-operation between Supreme Audit Institutes and Internal Auditors in the Public Sector) .
Both entities recognize the strong needs for ongoing development of control in the Public Sector at the European level. Not only will the two bodies consult on emerging guidelines and efforts in Europe, they will promote joint research and share information and resources. In addition, ECIIA and EUROSAI representatives agree that Public Sector Control is not limited to financial control and that only by good governance, including the adoption of risk management frameworks that are common in the private sector, can a governmental entity’s mission be fulfilled with efficiency and integrity.
“The ECIIA is an ideal partner for supporting EUROSAI’s strategic objectives and supporting international standards” said Jacek Jazierski, President of EUROSAI. “By joining forces through this important agreement, the ECIIA and EUROSAI will further the synergy between external audit and internal audit, a strategic goal of both organisations. A good Internal Audit function in a public entity is assurance of effective overall control in that entity and the external government auditor will take full account of this.”
“This agreement marks another significant milestone in our advocacy efforts in concert with the global guidance-setting bodies,” said ECIIA President Phil Tarling. “Progress Through Sharing is the mission set by The IIA and ECIIA fully intends to pursue this mission in public sector auditing in Europe, which is increasingly vital to the efficiency of governmental operations.”