Source: NATO
On 18 March 2024 in Brussels, the Chair of the International Board of Auditors for NATO (IBAN), Radek Visinger, and the President of the Romanian Court of Accounts, Mihai Busuioc, signed a Memorandum of Understanding on Cooperation between the two bodies. The MoU officially entered into force on 27 March, once it had been approved by all Board members.
As part of Francophonie Week, a delegation from the Association des Institutions Supérieures de Contrôle ayant en Commun l’Usage du Français (AISCCUF – Association of Supreme Audit Institutions having in common the use of French) visited NATO Headquarters on 18 March 2024. During this visit, Mr Busuioc, President of the Romanian Court of Accounts and secretary of the AISCCUF’s Expert Committee on Audit Innovations, met Mr Visinger, the IBAN Chair, to sign a Memorandum of Understanding (MoU) on Cooperation between the Romanian Court of Accounts and IBAN. Also present for the signing were IBAN members Sébastien Lepers, Carlo Mancinelli and Franz Wascotte, and IBAN middle management.
The MoU will facilitate exchanges of experience and best practices in order to improve auditing methods and professional standards applicable to auditors and other categories of staff, with a view to fostering public-spending audits of the highest quality.
“We intend to organize advanced training, cooperative audits and peer reviews. The experience that the Romanian Court of Accounts brings will be beneficial us, and we would also like to conduct joint research projects,” said Mr Visinger.
Mr Busuioc explained that “the expertise of the International Board of Auditors for NATO is invaluable, considering its auditing of the activities and programmes of the North Atlantic Alliance. For this reason, I invite IBAN’s members to participate in the work of the AISCCUF’s Expert Committee on Audit Innovations, the committee led by the Romanian Court of Accounts.”
The two institutions have agreed to step up professional exchanges from now on through activities aimed at promoting the INTOSAI community’s international audit standards and principles.