CA ANZ and PASAI collaborate to improve government financial audit capabilities in the Pacific
Auckland, New Zealand: The Pacific Association of Supreme Audit Institutions (PASAI) is collaborating with Chartered Accountants Australia and New Zealand (CA ANZ) to deliver a series of online workshops on accounting standards for government auditors, starting this week.
Fifty-six staff (28 female, 28 male) from the 5 government audit offices of Fiji, Papua New Guinea, Samoa, Solomon Islands and Tuvalu, and 11 staff from the Cook Islands have registered to participate in 7 online workshops on International Public Sector Accounting Standards (IPSAS) accruals, ending in late August 2024.
The training aims to bring staff at public audit offices up to date with these standards and their applications to the government financial reporting framework.
The sessions will include discussions on IPSAS accruals as well as practical exercises and case studies to illustrate their application. Additionally, consultation sessions of up to 2 hours will be available to each participating audit office on a needs basis throughout the workshop series.
The facilitation team includes Principal Advisor NZ Audit Oversight, CA ANZ, Merchaleen Laaks; PASAI Director, Meresimani Vosawale-Katuba; and eLearning Specialist, PASAI, Danial Sadeqi.
On an intended training outcome, Ms Vosawale-Katuba said, “When SAI staff conduct audits in accordance with international financial and auditing standards that helps to support the government in its decision-making through reliable and transparent financial reporting.
“While most financial statements of government in our member countries are based on cash basis IPSAS and modified cash basis IPSAS, with only one country using the accrual basis IPSAS, some countries are looking to move to the accrual basis.
“We aim to build the capacity of our SAIs for future audits on accruals basis IPSAS,” she explained.
Strengthening the capacity of its member SAIs to deliver quality, impactful and timely audits that enhance public sector performance is part of PASAI’s mission.
PASAI acknowledges the support of the New Zealand Ministry of Foreign Affairs and Trade (MFAT) and the Australian Department of Foreign Affairs and Trade (DFAT).
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Contact information:
Meresimani Vosawale-Katuba, Director (South Pacific) PASAI
E: Meresimani.VosawaleKatuba@pasai.org P: +64 9 304 1275