"Achieve sustainable development and community welfare by contributing to improve the use of state resource"

The Bureau’s Objectives   Audit 

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SAB participates in the GCC Meeting of SAIs Undersecretaries

His Excellency Mr. Abdulaziz Mohamed Qassim Al Emadi, the Deputy President of the State Audit Bureau-Qatar (SAB), participated in the 21st meeting of their Excellencies, the Undersecretaries of the Supreme Audit Institutions in the countries of the Cooperation Council for the Arab States of the Gulf, which was held today, Sunday, virtually.

 

The meeting discussed many topics on the agenda, including the follow-up to the implementation of the decisions issued by the 16th meeting of their Excellencies the heads of GCC SAIs, the memorandum of the General Secretariat on joint audit, and the proposal on raising awareness and knowledge about the goals of sustainable development auditing, in addition to discussing topics of the the GCC 5th competition for Research and Studies in the field of Auditing and Accounting.

SAB organizes Career Development Programs on Audit Work

SAB Center of Excellence for Training and Development organizes several career requalification programs for students of universities in the country, as part of the implementation of the training programs plan for the year 2020. Considering the current situation of COVID-19 pandemic, the programs will be held virtually. These programs, which will be launched on Sunday and continue until July 12, are designed to meet the qualification and training needs of university students in the country, in line with the best approved professional standards.

 

The career qualification programs contain six programs: an introductory program about the State Audit Bureau and its role in safeguarding public funds, the fundamentals of internal audit, internal audit practices, knowledge elements of internal auditing, an introduction to risk management, and the basics of governance

SAB President chairs the extraordinary meeting of ARABOSAI Executive Council

His Excellency Sheikh Bandar bin Mohammed bin Saoud Al Thani, President of the State Audit Bureau and Chairman of the Executive Council of ARABOSAI, chaired the extraordinary meeting of the organization’s Executive Council, which was held today, Monday through video conference, to discuss the implications of the spread of the Coronavirus pandemic on the organization's work and means to ensure continuity of its activities and proposing an action plan to enhance the capabilities of member SAIs in dealing with the crisis and raising their performance under the current circumstances. Their Excellencies the heads of SAIs members of the Organization’s Executive Council  participated in the meeting.

 

His Excellency Sheikh Bandar bin Muhammad bin Saud Al Thani, upon 

inaugurating the Council’s work, stated that the Coronavirus current crisis is unprecedented in human history in terms of its extent and impact, and that the Arab organization, like other organizations, is not immune to the repercussions imposed by the crisis. He further pointed out that the call for the organization's Executive Council to convene in an extraordinary session comes within the framework of seeking to contain the effects of the crisis on the organization's activities and to crystallize perceptions to ensure that the organization continues its procession under such circumstances in order to enhance the capabilities of the Arab Supreme Audit Institutions and improve their performance.

 

The Council discussed a number of proposals related to enhancing SAIs contribution to addressing the repercussions of the current crisis and the ARABOSAI role in supporting and enhancing the same by adopting appropriate plans and programs. The meeting ended with a call to the Organization’s structures, including its committees and the general secretariat, to study the implications of the current situation on the Organization’s performance and develop an exceptional plan for the activities proposed to support member SAIs in their response to the repercussions of this pandemic.

The Emir of the State of Kuwait receives SAB President

His Highness Sheikh Sabah Al Ahmad Al Jaber al Sabah, Emir of the State of Kuwait, received at Bayan Palace today, Monday, His Excellency Sheikh Bandar Bin Mohammed Bin Saoud Al Thani, the President of the State Audit Bureau, Qatar (SAB), on the occasion of the visit of SAB delegation to the sisterly State of Kuwait.

Entities Subject to Audit

Risk management

Risk management is a continuous process, which includes continuous research and investigation into leading risk indicators both internally and externally in the Entities strategic context that includes the steps of; setting the scope and context, risk assessment, risk treatment, monitoring & reviewing, and communication & consultation

Scope. Context & Criteria

Step 1 involves understanding the Subject Entity’s objectives, defining factors that could be a source of uncertainty, and setting the scope and risk criteria for the remaining risk management processes.

Risk Identification

Step 2 determines what, where, when, why and how risks could arise, and the effect this would have on the Subject Entity’s ability to achieve its objectives.

Risk Analysis

Step 3 determines the risk level against the risk criteria by understanding how quickly a risk can occur, the sources and causes of a risk, as well as the consequences and likelihood of those consequences.

Risk Evaluation

Step 4 compares the level of risk against the risk criteria to determine the overall risk rating and based on that, consider the need for treatment.

Develop Alternatives

Step 5 involves Subject Entities systematically identifying and assessing a range of response alternatives or strategies to accept, transfer, share, avoid, or mitigate major risks, based on their risk appetite.

Respond to Risks

Step 6 requires the Subject Entity’s leadership to evaluate the alternatives and decide how to allocate scarce resources (e.g. budget, analytical capabilities, time) to address major risks facing the entity.

Monitor and Review

Step 7 recognizes that as uncertainty changes, so does the risk.

Communication, Consultation, Learning

Step 8 takes place throughout Steps 1 - 6 above with all identified stakeholders confirming that those accountable for implementing the risk management process

Records Maintenance & Reporting

Step 9 is a continuous effort, integral to the organization’s governance as it improves the dialogue among stakeholders, and the learning from the Subject Entity’s collective experience from risk management activities.

Risk assessment
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The State Audit Bureau participates in the Fourth Forum of Accountants in the State of Qatar

The State Audit Bureau participated in the meetings of the 35th Session of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR), which held at the United Nations Headquarters in Geneva from 22 to 26 October 2018. Mr. Ammar Abdulla Sakini, Director of Performance Audit Department and Mr. Abdulrahman Saud Aladbi, Head of Financial Audit & Examination of Energy and Industry Section, represented SAB in the meeting.