Board approves 2024 Annual Report and way forward on IDI's Professional Education for SAI Auditors (PESA)

In the April Board meeting, hosted by the Auditor General of the Royal Audit Authority of Bhutan, IDI’s Board approved and discussed several items.
It approved the Annual Report for 2024 in its new format. It is the first report under the IDI Strategic Plan 2024-2029. In 2024, IDI worked with over 150 SAIs, offering support for the full gamut of their operations, including:

• Global advocacy and support for independent SAIs and raising SAI profiles more broadly; 
• Support to SAI governance; 
• Support for SAIs in enhancing their digitalisation efforts both in performing audits and in implementing digital strategies; 
• Ensuring that SAIs can meaningfully contribute to the implementation of SDGs, including those related to gender and climate change; 
• Professional Education for SAI Auditors (PESA) offered through the Centre for SAI Audit Professionals; and 
• Bilateral support to SAIs working in challenging contexts.

IDI achieved or overachieved around 75% of the targets for its results in 2024 and is on well on track to achieve the majority of the remaining ones. As in previous years, IDI’s external auditors gave an unmodified opinion to IDI’s financial statements and positively evaluated IDI’s internal control framework.

In addition, the Board discussed IDI’s portfolio, financial outlook, and support for the coming years as well as some organisational changes based on a recent organisational review.

Finally, the Board approved IDI’s updated Corporate and Developmental Risk Register and discussed the way forward on IDI’s professional education for SAI auditors (PESA) to become a credible professional education for all SAIs based on INTOSAI recognition and possible external accreditation.

The minutes of the Board meeting and the Annual Report, including financial statements for 2024, will soon be published on IDI’s website. 

 IDI Board members hosted by SAI Bhutan

Source: SAI Bhuthan