Dr. Abu-Ghazaleh Thanks Libyan Audit Bureau for their Trust in ASCA for Enhancing the Professional Skills of its Cadres

06 Nov 2024

AMMAN - The Arab Society of Certified Accountants (ASCA) has organized a graduation ceremony for the 2nd batch of graduates receiving the Certified Compliance Auditor certificate and the first batch of the IT Audit certificate, as part of the Libyan Audit Bureau’s Personnel Capacity Building Project, that is aligned with the International Organization of Supreme Audit Institutions (INTOSAI) standards and adheres to international best practices. 

The ceremony was held with the participation of Dr. Ahmed Al-Banouni, the Libyan Cultural Attaché to Jordan, and Mr. Adel Al-Qassar, director of the General Administration of Human Resources at the Bureau.

This collaboration, between the Society and the Bureau, comes in line with the previously signed cooperation agreement by both parties, in 2021, which aimed at creating and developing professional certificates in the field of IT audit, in accordance with the Bureau's requirements and standards set by the Certified Information Systems Auditor (CISA) certificate in Arabic, and aligns with the international best practices and training.

Through this collaboration, the Bureau seeks to achieve effective oversight of public funds and ensure their optimal utilization through a competent supervisory body equipped with professional skills based on international standards and guidelines as set forth by INTOSAI, in addition to the best practices in financial compliance, performance, and information systems audit.

In this context, HE Dr. Talal Abu-Ghazaleh, ASCA chairman, emphasized that this project marks a significant milestone in the journey of the Libyan Audit Bureau, asserting that it will positively impact the management and safeguarding of the accomplishments of the Libyan people.

Dr. Abu-Ghazaleh further commended the the Bureau’s efforts in enhancing the professional capacities of its cadres, expressing his gratitude and appreciation for the trust placed in the Society, reaffirming the Society's readiness to exert all efforts to serve the Bureau and all Libyan institutions and departments.

Libya Audit Bureau 
The Libyan Audit Bureau is Libya's highest authority for financial oversight and accounting. Functioning as an independent and impartial professional entity with legal autonomy and financial accountability, its core objective is to ensure the effective oversight of public funds and verify their appropriate utilization. This is achieved by examining and scrutinizing accounts and assessing the performance of all entities under its supervision.