Draft agenda and meeting materials

First meeting of the Professional Standards Committee (PSC)

4 November 2007 from 13.30 to 15.30

Andrómeda Conference Room, Hotel Nikko, Mexico City, Mexico

1. Welcome (PSC Chair - Denmark)

Draft agenda

For all items on the agenda: PSC Progress report - Achievements 2004-2007 and mandate for 2007-2010

2. The Steering Committee’s proposal “International Standards of Supreme Audit Institutions – INTOSAI’s Framework of Professional Standards” presented by the Chair - Denmark

International Standards of Supreme Audit Institutions – INTOSAI’s framework of Profesional Standards

PSC Survey report – Needs and priorities in developing professional standards for SAIs

3. The Mexico Declaration on Independence - results of the work of the Subcommittee on SAI Independence presented by the Subcommittee Chair - Canada

ISSAI 10 Mexico Declaration on Independence

ISSAI 11

Appendix – Results of case studies

Communication policy

4. Project on transparency and accountability – main results and future work presented by the Project Chair - France

First draft - ISSAI 20

5. Financial Audit Guidelines Subcommittee (FAS) – main results and future work presented by the Subcommittee Chair - Sweden

First draft - ISSAI 1000

First draft - ISSAI 1320

6. Performance Audit Subcommittee (PAS) - main results and future work presented by the Subcommittee Chair - Brazil

7. Compliance Audit Subcommittee (CAS) – main results and future work presented by the Subcommittee Chair - Norway

First draft - ISSAI 4100

8. Subcommittee on Internal Control Standards – main results and future work presented by the Subcommittee Chair - Belgium

INTOSAI GOV 9130

9. Subcommittee on accounting standards and reporting – main results and future work presented by the PSC Chair (Denmark) on behalf of the Subcommittee Chair - USA

10. Mandate for PSC 2007-2010 - including elaboration of ISSAIs, the issue of maintenance and new project on audit quality - presented by the PSC Chair - Denmark

11. Any other business (PSC Chair - Denmark)

Each speaker has 15 minutes for the presentation including questions and discussions.

10-30-2007 RS