News in Brief

International Journal of Auditing – January 2010

Kuwait

Annual Report Submitted

Abdulaziz Yousef Al-Adsani, the President of the State Audit Bureau of Kuwait (SAB), submitted his office’s report for fiscal years 2008–2009 on the audit of the budget implementation of ministries and government departments, their final accounts, and the relevant authorities that have supplementary and independent budgets. The report was submitted to His Highness the Amir, His Excellency the President of the National Assembly, and His Highness the Prime Minister.

The SAB developed a new mechanism to circulate this annual report to government departments subject to SAB control to enhance cooperation between the two parties and prevent irregularities in the budgets of those departments from recurring. This mechanism is intended to tighten control over the budgets, protect public funds, and fulfill the requirements of laws and development plans. Every minister received a copy of the report, including notes to the concerned authority and its supplementary bodies.

The SAB issues four reports annually: a report on ministries and government departments, a report on authorities with supplementary budgets, a report on oil sector authorities with independent budgets, and a report on investment sector authorities with independent budgets. Copies are provided to those authorities specified in the 1964 law establishing the SAB.

Meeting of ARABOSAI Institutional Capacity Development Committee

The SAB hosted the first meeting of ARABOSAI Institutional Capacity Development Committee November 9–12 2009.

For additional information, contact the SAB:

E-mail: undersecretary@sabq8.org
Web site: http://www.sabq8.org