Representatives of the Institution Presenters on the Educational Training regarding Audit Quality Control

21 September 2018.
Representatives of the Institution Presenters on the Educational Training regarding Audit Quality Control

Supreme State Auditor in the Sector for Audit of the Local Authorities' Budgets, Ms. Stojanka Milovanović, and Supreme State Auditor in the Sector for Audit Methodology and Quality Control, Mr. Ivica Gavrilovic, participated as presenters in the event on audit quality control, held in Jahorina, Bosnia and Herzegovina, on 20th September 2018. The educational training was primarily designed for managers in charge of financial audit and quality control in financial audit area in the audit institutions in Bosnia and Herzegovina.

Representatives of the State Audit Institution of the Republic of Serbia delivered presentations regarding experiences from the project which included introduction of quality control system, realized in cooperation with the National Audit Office of Latvia, as well as regarding practical application of quality control in the Institution. Representatives of the Auditing Office for institutions of Bosnia and Herzegovina presented their experiences, challenges and weaknesses in the quality control system in financial audit.

After the presentations, there was a panel discussion for exchange of experiences by all participants in the event, with emphasis that it was necessary to keep track with continuing changes to international standards and application thereof in practice.

Educational training for all four audit offices in Bosnia and Herzegovina was organized by the Auditing Office for institutions of Bosnia and Herzegovina.