Amman, February 6 (Petra) – President of the Audit Bureau Radhi Hamadin held a series of meetings with officials from the British National Audit Office (NAO) and other regulatory and financial bodies, as part of efforts to implement royal directives aimed at enhancing the Bureau’s role in promoting transparency and accountability.
According to a statement by the Audit Bureau, Hamadin met with the NAO’s Comptroller and Auditor General Gareth Davies to discuss strengthening cooperation in financial auditing, improving audit report quality, and refining accountability mechanisms to ensure the efficient use of public resources.
The discussions emphasized peer review as a crucial tool for assessing audit agencies’ performance in line with international standards. Both sides explored mechanisms for conducting a comprehensive review of the Audit Bureau in collaboration with the British National Audit Office and European supreme audit institutions to enhance auditing practices and ensure compliance with global standards.
The meetings also addressed value-for-money auditing as a key element in optimizing public expenditure based on efficiency and effectiveness. Several dialogue sessions were held with specialists from the British Audit Office, focusing on capacity building, enhancing audit quality, refining audit reports, auditing government revenue centers, and strengthening the relationship between auditing bodies and parliament.
As part of government revenue center audits, discussions covered tax revenue auditing and its role in ensuring fairness and enhancing tax compliance. British experts shared insights on using advanced analytics to detect tax risks and improve tax system transparency. The sessions also examined tax policy evaluation, financial sustainability, and auditing systems designed to combat tax evasion while promoting voluntary compliance.
The role of auditing bodies in supporting parliamentary oversight and transparency was also highlighted, particularly in producing high-quality audit reports that enhance government spending efficiency and provide decision-makers with reliable financial and administrative insights.
In the area of professional development, both sides agreed to expand cooperation in training and knowledge exchange through auditor qualification programs, joint field visits, and specialized reviews in financial and tax revenue auditing. Discussions also explored the adoption of artificial intelligence and digital analytics to improve auditing accuracy and efficiency.
At the conclusion of the visit, both parties agreed to develop executive mechanisms to bolster future cooperation, including joint audit projects, specialized workshops, and audit team exchange programs to facilitate expertise sharing and the adoption of global best practices in financial auditing and control.
//Petra// AJ
06/02/2025 13:32:12
