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ABU DHABI: A delegation from the UAE visited the Audit Bureau of Jordan to share experiences, knowledge and best practices in auditing-related areas of mutual interest, including anti-corruption efforts.
The Emirati experts, including representatives from the Supreme Audit Institution and the Abu Dhabi Accountability Authority, discussed with their Jordanian counterparts ways in which they might work together to build future strategic partnerships in areas such as training, development and capacity building.
They also explored ways to enhance competencies in the auditing process and the battle against corruption, the Emirates News Agency reported on Tuesday.
In addition, they shared the experiences of the UAE in financial and administrative monitoring and reporting systems, anti-corruption initiatives, and promotion of the principles of integrity and transparency to protect public funds and resources for future generations.
A spokesperson for the SAI said the visit to Jordan was an excellent opportunity for the Emirati delegates to learn about the experiences of their Jordanian counterparts in all these areas.
鈥淲e discussed the best audit and accounting methodologies, mechanisms of instilling accountability in the management of resources of subordinate institutions, and verification methods for correctness and accuracy of financial accounts and general budgets,鈥� the spokesperson added.
鈥淲e also talked about the mechanisms involved for submitting crisis reports on the performance of subordinate institutions in the management of financial resources.鈥�
The Emiratis provided details of initiatives they have implemented, including mechanisms for the reporting of financial and administrative violations, a financial disclosure platform, and projects to enhance the concepts of accountability and community involvement in efforts to combat administrative and financial indiscretions.
A spokesperson for the ADAA said their participation in the bilateral discussions stemmed from a desire to learn about the experiences and practices of their counterparts, and an interest in building strategic partnerships with regulatory authorities around the world.