EUROSAI. Magazine N26 - 2021

Magazine No. 26 - 2021 39 EUROSAI Strategy Introduction With the 15 April 2021 EUROSAI Governing Board decision, the State Audit Office of the Republic of Latvia was entrusted to take on the portfolio Relations with non-SAI stakeholders. The objective of the portfolio is to provide EUROSAI, as an organization, as well as its members, with an external network that can assist in improving audit work and increasing the impact of EUROSA and SAI institutions. In the period from now until the next Congress to take place in 2024, SAI Latvia aims to continue developing relations with external non-SAI organizations via the following tracks: International-level network development: Focus on solidification of professional cooperation and knowledge sharing with relevant organizations internationally. Capacity building on non-SAI stakeholder engagement: Build upon national-level experiences with non-SAI stakeholders to strengthen value for citizens. Prepared by SAI Latvia Capacity building Under SAI Netherlands leadership, the Portfolio initiated contact with the European Confederation of Institutes of Internal Audit (ECIIA). As a concrete result of the cooperation between EUROSA and ECIIA, a publication was produced on integrated reporting. calendar-and-news/news/Integrated-Reporting-in-the-EuropeanPublic-Sector-Its-time-to-act/ Considering the growing interests and practises of integrated reporting, this is one item that will need to be further discussed among EUROSAI members to gauge the scope of continued cooperation with ECIIA in this area. Here the Portfolio will tap in to work conducted by SAI Poland under the INTOSAI Sub-Committee on Internal Control Standards to create synergy of this work. State Audit Office of the Republic of Latvia Holder of the Portfolio on Relations with non-SAI Stakeholders PORTFOLIO ON RELATIONS WITH NON-SAI STAKEHOLDERS: UTILIZING SYNERGIES FOR SUCCESS