Muscat: The Sultanate of Oman, represented by the State Audit Institution (SAI), participated on Wednesday in the 22nd Meeting of Heads of Accounting and Financial Audit Bureaus of the GCC countries, which took place in Kuwait.
Oman's delegation is led by Sheikh Ghuson Hilal Al Alawi, the Chairman of the State Audit Institution.
In his speech, Sheikh Ghuson highlighted the significance of enhancing collaboration among the audit bureaus of the GCC nations, aiming to advance audit practices and facilitate the sharing of best practices and experiences. He pointed out that audit institutions play a crucial role in safeguarding public funds and upholding the principles of integrity and transparency, while also continuing collective efforts to bolster the integration of GCC countries in the audit and financial sectors, in alignment with the developmental and economic goals of the member states.
The meeting covered several important topics, particularly the review of the report on the recommendations and outcomes of the Strategic Training Plan (2023–2025), as well as discussions regarding the Strategic Training Plan (2026–2028). Additionally, the meeting examined the results of the sixth GCC competition for audit and accounting research and studies, along with the draft regulations for the Award of Excellence in Public Service within the audit and accounting bureaus of GCC countries. Furthermore, the joint training plan for employees of the audit and accounting bureaus in the GCC for the years 2026 and 2027 was also presented.
Additionally, the meeting evaluated various proposals, particularly the one from the Audit Working Group about establishing a GCC Financial and Accounting Audit Week, along with the proposal from the Audit Rules Working Group related to the impact assessment form for the execution of manuals issued by the GCC Secretariat, as well as the form aimed at streamlining the application of manuals in audit activities.
They also examined the proposal from the Audit Working Group concerning the renaming of the team, while also reviewing the recommendations documented in the minutes from the 25th meeting of the Rules of Audit Working Group. Moreover, the attendees were updated on the Secretariat’s report regarding the training programs conducted in 2024–2025, and on a Memorandum of Understanding between King Fahd National Library and the GCC Secretariat.
