AKIPRESS.COM - The Comptroller and Auditor General of India (CAG) GC Murmu on Monday signed two Memoranda of Understanding (MoUs) with audit institutions of Kazakhstan and Tajikistan to strengthen cooperation and exchange of expertise in the field of auditing, according to an official statement by CAG, The Print reported.

The MoUs signed on the sidelines of the Shanghai Cooperation Organization Supreme Audit Institutions (SCO SAI) Leaders’ meeting in Lucknow, will provide a platform for the exchange of auditing professionals and technical teams, collaboration in training programs, and mutual assistance in conducting audits, it said.

The agreements are a step forward in promoting closer ties and collaboration among the Supreme Audit Institutions (SAIs) of the three nations, the statement said.

The MoU with SAI Tajikistan was signed with the Chairman, Accounts Chamber of the Republic of Tajikistan, Karakhon Chillazoda. The MoU will develop and strengthen the respective institution’s professional capacity and improve methodologies in the field of audit. Both SAIs also agreed to explore means of capacity development, support and cooperation on areas that are mutually beneficial.

CAG of India Girish Chandra Murmu said that this MoU was a reaffirmation of the values and goals that the two institutions share over a long period and a cementing of the ties that already exist between the two nations.

The MoU with Kazakhstan was signed with the Chairperson of the Supreme Audit Chamber of the Republic of Kazakhstan, Natalya Godunova.

Murmu stated that the SAIs commit to cooperate within their areas of competence to enhance and improve their respective external audit practices. This cooperation will encompass the exchange of experience in methodologies and procedures, joint efforts in professional training and personnel development, sharing of information and best practices through workshops, conferences, and technical meetings.

The SCO SAI Leaders Summit was held in India from February 6 to 8, and attended by the heads of Supreme Audit Institutions from the member-states of Shanghai Cooperation Organization.