RIYADH – The Comptroller and Auditor General of India (CAG) Shri Girish Chandra Murmu signed an MoU with Dr. Hussam Al-Angari, President of Saudi General Court of Audit, in an official ceremony in Riyadh. The MoU will strengthen cooperation & exchange of expertise and resources between the two countries.
The MoU focuses on the joint development and implementation of training programs focused on financial, performance, and compliance audits. It is agreed that both countries will share their audit manuals and methodologies.
Shri Murmu said “Our commitment to a strong bilateral relationship is a testament to the shared values and objectives of our institutions. This agreement will strengthen the bonds between our SAIs and our nations”.
Hussam Abdulmohsen Alangari highlighted the importance of the MoU, stating that it would considerably advance cooperation in areas critical to audit institutions of both Saudi Arabia and India.
Tariq bin Ahmed Al-Jarifani, Director General of the Saudi Centre for Financial and Performance Auditing and Executive Vice President for Corporate Services reviewed the court’s advanced methodologies in building professional expertise in transitional accounting, international public sector accounting standards, and international standards on auditing.
