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Represented by its Criminal Studies Institute, the General Prosecution signed on Thursday a memorandum of understanding (MoU) with the State Audit Bureau, for joint cooperation in the fields of training and development, enhancing institutional cooperation and the exchange of expertise.On the Public Prosecution's side, Attorney-General and Director of Criminal Studies Institute, Turki Rashid Al Mohannadi signed the MoU, while on the State Audit Bureau's side, the MoU was signed by Director of the Center of Excellence for Training and Development, Mohammed Mohdhar Al Saadi. The signing took place in the presence of several leaders and officials from both sides, in addition to several public prosecutors, in a step that underscores the depth of the institutional partnership.The MoU aims to enhance joint cooperation between the two sides in training, scientific and research fields by organizing joint courses, seminars and workshops, exchanging professional expertise, implementing joint training activities and programs, preparing joint studies and research, and strengthening ties between researchers and research teams on both sides in areas of mutual interest.This MoU also comes within the framework of the two parties' keenness to support and promote joint work in training, scientific and research fields, as well as to benefit from the capabilities and expertise available to both sides in supporting institutional development and developing national capabilities.

 France-based consulting firm Alvarez & Marsal will conduct an audit of more than four years of financial transactions at Lebanon's central bank, including the period following the country's financial collapse, the bank said in a written statement on Wednesday. Lebanon's financial system went into a tailspin in October 2019 after decades of profligate spending by the country's ruling elite. Banks imposed sweeping but informal capital controls, stopped issuing loans and locked depositors out of their savings. The statement by the Central Bank of Lebanon said the new audit would cover the period from October 1, 2019 through December 31, 2023 and would examine transactions related to the central bank's foreign assets, including a government subsidy programme for basic goods, its financial transfers to the public sector and letters of credit issued for fuel imports. It said it selected Alvarez & Marsal after a tendering process. In 2023, Alvarez & Marsal completed a separate audit of the central bank's transactions between 2015 and 2020 that described "misconduct" at the institution under former governor Riad Salameh, who led the bank for 30 years. A Lebanese judge last month indicted Salameh and a former commercial banker, accusing them of financial crimes including embezzlement and illicit enrichment. Salameh is being investigated in Lebanon and several other countries over financial crimes including illicit enrichment during his time as governor. He denies any wrongdoing. Even as its foreign reserves were depleting in the years following the financial crash, the Lebanese government increased its subsidy programme to include items like cocoa and cashew nuts, leading to widespread criticism. The biggest cost for the government under that programme was fuel, which accounted for around $3bn annually. The Lebanese central bank effectively ended its fuel subsidy programme in August 2021. 

The Ministry of Justice has unveiled a new electronic system to manage its internal audit operations, marking Global Internal Audit Awareness Month with a launch event held in collaboration with the State Audit Bureau.The event was held under the patronage of His Excellency the Minister of Justice and Minister of State for Cabinet Affairs Ibrahim bin Ali al-Mohannadi, and attended by His Excellency the Undersecretary of the Ministry of Justice Saeed bin Abdullah al-Suwaidi.According to the ministry, the platform is intended to bolster governance, sharpen internal oversight and feed into its broader digital transformation push by streamlining how audit observations are recorded and followed up.Director of the Internal Audit Department Najla Fahed Dalwan said the system had been developed in response to rising governance demands and the need to shift from manual workflows to a single digital framework that improves efficiency, accuracy and risk management. She also underlined the importance of Internal Audit Awareness Month as a vehicle for promoting transparency, integrity and sound governance within public institutions.Aisha Khalid al-Darwish, acting director of internal audit and risk oversight at the State Audit Bureau, delivered a lecture on how internal audit contributes to institutional performance and strengthens governance and risk management systems.The ministry rounded off the programme with an interactive workshop examining the role of internal audit departments in government entities and the mechanisms for co-operation between them. 

State Audit Bureau (SAB) participated in the meeting of the working team for monitoring and evaluating the strategic training plan for the financial and accounting audit bureaus of the Gulf Co-operation Council (GCC) countries, which was held virtually Tuesday. During the meeting, SAB was represented by Acting Director of Centre of Excellence for Training and Development at the bureau, Mohammed Mahdhar al-Saadi, and head of the training and capacity development department at the bureau, Johara Ahmed al-Jaal. The meeting addressed the recommendations and outcomes of the strategic training plan for member agencies for the period 2023-2025, and the implementation of the initiatives contained in that plan for the period 2026-2028. SAB met on Monday with a delegation from the Court of Accounts of Tunisia, during which the Tunisian delegation was briefed on the bureau's experience in adopting and implementing artificial intelligence, and the mechanisms of work followed in the organisational, legal and technical aspects. During the visit, areas of co-operation of common interest were also discussed, to support expertise and enhance mutual benefit. 

The ICAI Doha Chapter recently organised a Continuing Professional Education (CPE) session titled ‘Deep Dive into IFRS 18 Requirements’, gathering over 120 finance and audit professionals.In his opening remarks, ICAI chairperson Kishore Alex shared glimpses of completed and upcoming technical sessions and member engagement programmes.The technical session on IFRS 18 was led by Uzair Jokhio Mohammad, director – Audit & Assurance, Deloitte, and Ajay Tripathi, director – Audit & Assurance, Deloitte.Both experts provided a comprehensive analysis of IFRS 18 implementation, key disclosure requirements, expected challenges, and the strategic impact on financial reporting. The session also included interactive discussions and practical insights, making it highly beneficial for industry professionals.The chapter also congratulated Shanavas Bava, who has been appointed as a community adviser by the Ministry of Labour. His remarkable achievement marked not just a personal milestone but a moment of collective pride for the entire ICAI Doha Chapter.ICAI Doha Chapter also celebrated International Men’s Day by presenting gifts to all male members attending the session, acknowledging their role in creating a balanced and progressive community.In the concluding address, secretary Dewaki Nandan Tibrewal thanked the speakers for their expertise and time, as well as Deloitte for their support, and acknowledged sponsors, volunteers, and attendees for making the event a success. 

R.Tulsian and Co proudly announces its approval as an official In-Country Value (ICV) Certifier in Qatar. This milestone further strengthens the firm’s commitment to supporting Qatar’s economic diversification goals while reinforcing its position as one of the most trusted audit and advisory firms in the region.The ICV program is a cornerstone of Qatar’s efforts to enhance local economic participation, encourage private-sector growth, and increase the use of local services, suppliers, and workforce. As a recognized ICV Certifier, R.Tulsian and Co. will now be authorized to assess, verify, and issue ICV certificates for companies across industries, enabling them to participate more effectively in Qatar’s procurement ecosystem.A Landmark for the FirmWith more than six decades of professional heritage and a growing international footprint across India,US,UK,Saudi Arabia,Oman,UAE, Bahrain and now Qatar, R. Tulsian & Co. has consistently been at the forefront of innovation and client service. The Qatar Branch has quickly emerged as a trusted partner for corporates, SMEs, and associates in the region, particularly in the areas of audit, assurance, and compliance.“Becoming an ICV Certifier in Qatar is both an honor and a responsibility,” said Shashwat Tulsian, Partner. “This approval recognizes our technical strength, global best practices, and local expertise. More importantly, it allows us to play a direct role in advancing Qatar’s vision for sustainable economic development.”Supporting Businesses, Driving ImpactThe firm’s role as a certifier is to deliver fair, transparent, and independent assessments in line with ICV requirements. Through this role, R. Tulsian & Co. helps ensure consistency in certification and contributes to the smooth functioning of the ICV framework in Qatar.About R. Tulsian & Co. LLPEstablished over 60 years ago, R. Tulsian & Co. LLP is a leading audit, assurance, and advisory firm with offices across the US, UK, India, Saudi Arabia, UAE, Oman, Bahrain, and Qatar. Thefirm’s Qatar Branch focuses on audit, compliance, and advisory services for corporates and SMEs, bringing global expertise combined with deep local understanding. Its approval as an ICV Certifier marks another step in its journey to support regional growth and economic transformation.For media inquiries, please contact:Shashwat TulsianPartnerR. Tulsian & Co- Qatar Branch+974-33063032

The 25th Congress of the International Organization of Supreme Audit Institutions (INTOSAI) concluded Friday in Sharm El-Sheikh, Egypt.The three-day congress saw the participation of a delegation from Qatar, headed by HE President of the State Audit Bureau Abdulaziz bin Mohammed bin Ahmed al-Emadi.The "Sharm El Sheikh Declaration," issued at the conclusion of the Congress, emphasized the importance of strengthening the independence of supreme audit institutions, adopting artificial intelligence technologies in auditing, and expanding international cooperation to achieve more efficient and sustainable governance.The Congress is held every three years under the auspices of INTOSAI, with the participation of heads and representatives of supreme audit institutions from around the world and relevant regional and international organizations. Its aim is to discuss ways to enhance co-operation and exchange experiences among leaders of the international audit community, and to support efforts toward transparency, integrity, and the protection of public funds.