Blog categories

Comments

Field Training Initiative in cooperation with the Qatar Association of Chartered Accountants

Field Training Initiative in cooperation with the Qatar Association of Chartered Accountants
Field Training Initiative in cooperation with the Qatar Association of Chartered Accountants
Field Training Initiative in cooperation with the Qatar Association of Chartered Accountants

In cooperation with the Administrative Control and Transparency Authority,Qatar Association of Certified Public Accountants launches the field training initiative “The Institution’s Financial Control and the Role of the Internal Audit Activity in Strengthening Control Tools”.

Qatar Association of Certified Public Accountants launched the field training initiative “The Institution’s Financial Control and the Role of Internal Audit Activity in Strengthening Control Tools” to train employees of government agencies in the legal accounting field, in cooperation with the Administrative Control and Transparency Authority, on Sunday, 07/11/2021, held at the headquarters of the Administrative Control and Transparency Authority, which will be held for four days.

The program attracted speakers from the Administrative Control and Transparency Authority and Qatar Association of Certified Public Accountants, and one of the objectives of the training was that the trainee would be able to understand the organization’s internal control systems, financial control classifications, and control procedures, in addition to the role of internal audit in conducting financial audits, and strengthening financial control systems of the institution, internal auditing of the assets and the institution property, internal auditing of purchase and inventory accounts, and internal auditing of expense items.

Several axes were also discussed about the definitions and classifications of internal control, as the internal audit plays an important role in providing appropriate assurances and evaluations, in order to confirm the effectiveness and efficiency of the control systems, while making sure to provide recommendations and suggestions that would improve these systems, in addition to providing suggestions and procedures which are recommended from the internal audit activity to improve financial control systems.

The training program on the part of the Administrative Control and Transparency Authority included introducing the authority, its vision and mission, in addition to the objectives and competencies of the authority, its scope of work and its organizational structure, as the authority aims to contribute to achieving the highest levels of integrity and transparency in the country, through many specializations including the development of the national strategy To enhance integrity and transparency, and implement it in coordination with the concerned authorities in the country.

The session defined the risks of fraud and corruption of all kinds and methods, in addition to the role of preventive control to prevent and address fraud and corruption in case it occurs, highlighting the controls that prevent fraud, activate the oversight role and fight corruption, through the existence of ethical principles in the country institution that prevent the acceptance of bribery, and the realization of the principle of integrity and transparency in the preservation of the property of the institution and public money.