The Supreme Audit Institutions of Ukraine and Moldova signed an updated Cooperation Agreement

20.08.2021 16:11

The document was signed by the Chairman of the Accounting Chamber of Ukraine, Valeriy Patskan, and the President of the Court of Accounts of the Republic of Moldova, Marian Lupu. The signing took place during the visit of the delegation of the Court of Accounts of the Republic of Moldova to Kyiv.

"The previous Agreement was signed 20 years ago. Given the changes over the years, including the conclusion by countries of bilateral Association Agreements with the European Union, updating this document to meet up-to-date requirements is necessary. I am confident that the Agreement will allow SAIs to reach a new level of quality and practical cooperation, "said the Chairman of the Accounting Chamber, Valeriy Patskan.

In turn, the President of the Court of Accounts of the Republic of Moldova, Marian Lupu, noted that friendly relations and constructive cooperation between the SAIs of the two countries would continue to be mutually beneficial in the future. He added that SAIs have something to learn from each other.

The updated Agreement stipulates that the cooperation of the two SAIs is based on the goals and objectives of the International Organization of Supreme Audit Institutions (INTOSAI) and the European Organization of Supreme Audit Institutions (EUROSAI). The parties plan to exchange experience on theoretical and practical aspects of external audits of public funds, conduct parallel and joint audits, and improve staff skills.

In addition, it is planned to organize and hold joint events, seminars, conferences, researches, workshops, etc. Under the Agreement, the parties will exchange information, materials, and methodologies. For the achievement of the goals mentioned above, it is planned to develop three-year cooperation plans.

Valery Patskan and Marian Lupu also discussed the possibility of expanding cooperation to a tripartite format between SAIs of Ukraine, the Republic of Moldova, and Georgia. Such cooperation should become a logical continuation of national policies to intensify collaboration between the three countries to promote their European integration aspirations. The collaboration of the strong independent SAIs of the three countries following the best European practices and international auditing standards will help increase the implementation of interstate cooperation programs.

In addition, Valery Patskan and Marian Lupu met with the Chairman of the Verkhovna Rada of Ukraine, Dmytro Razumkov. During the meeting, Dmytro Razumkov noted that cooperation between the Accounting Chamber and the Court of Accounts of the Republic of Moldova is essential to exchange the best European auditing practices and general supervision over international programs' implementation. He added that the Verkhovna Rada will continue to support the cooperation between SAIs and is ready to join this process.