ALRAQABA . ISSUE 18 15 post-audit while inclining chiefly toward postauditing. The SAB pre-audit takes place prior to commitment and disbursement for supply and public work tenders as well as for any proposed commitment or agreement, where the value of each is 100 thousand KD or above. The SAB post-audit, on the other hand, takes place after commitment and disbursement, and it covers all forms of administrative and financial procedures. Remote Regional and International Contributions: SAB has participated in many meetings and conferences of all levels. Most prominent of these participations were the following: the 56th Meeting of the Governing Board of the Asian Organization of Supreme Audit Institutions (ASOSAI), the 15th General Assembly of the Asian Organization of Supreme Audit Institutions (ASOSAI), the 30th Meeting of the INTOSAI Working Group on Information Technology Audit (WGITA), and the ASOSAI Capacity Development Committee (CDC) Meeting. Moreover, SAB has also participated in the following meetings: the 1st meeting of the task team in charge of preparing the ARABOSAI’s strategic plan (2023-2028), the meeting for studying results of the planning stage of the Cooperative Audit on Extractive Industries, the 29th meeting of the Training and Development Committee for Employees of SAIs chaired by the SAI of Bahrain, the 22nd meeting of GCC SAIs’ Undersecretaries, the 18th meeting of the GCC SAIs’ Chairs, in addition to the 30th meeting of the Training and Development Committee for Employees of SAIs chaired by the SAI of Bahrain. SAB has also attended the meeting for WGITA’s first project that was on the topic of “Cybersecurity/ Challenges to Data Safety”, as well as the annual meeting of the Working Group on Public Debt (WGPD), the 31st meeting of the INTOSAI Working Group on Information Technology Audit (WGITA), and the seminar on “Auditing E-Procurement Systems”. SAB’s Achievements in the Past Year: SAB has released a number of important reports, periodic and non-periodic, and has presented a number of studies and initiatives, which added up to the sum of its regulatory achievements. - The Annual Report on the Examination and Audit Findings of the Budget Implementation of Auditees and their Final Accounts for the Fiscal Year 2020/2021. - Specialized reports mandated per Article 25 of the SAB Establishment Law Number (30) of 1964, in light of the assignments from the National Assembly or the Council of Ministers. The National Assembly’s assignments are periodic and non-periodic: First: Periodic Assignments: - SAB Report on the Periodic National Assembly’s Assignment on Invested Funds for the Period from 1/1/2021 to 30/6/2021, published on 22/9/2021. - SAB Report on the Periodic National Assembly’s Assignment on the Examination and Audit Findings of the Kuwait National Focal Point for Environment Projects (KNFP), published on 10/10/2021. - SAB 9th Report on the National Assembly’s Assignment on Following Up on the Issuance of Government Bonds, which covers the period from 1/1/2021 to 30/6/2021, published on 28/10/2021. - Report on SAB’s Remarks on the Periodic National Assembly’s Assignment on Invested Funds for the Period from 1/1/2021 to 30/6/2021 (past due date), published on 3/11/2021. - State Financial Statement, published in December 2021. Second: Non-Periodic Assignments: - Memorandum on the Response to the Request of the National Assembly’s Budget and Final Account Committee on the Legal Opinion on Subjecting Companies Affiliated to SAB News
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