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Home » ASCA launches 2nd phase of the Libyan Audit Bureau’s personnel capacity building project

ASCA launches 2nd phase of the Libyan Audit Bureau’s personnel capacity building project

Monday, March 4, 2024 National 2 Mins Read
ASCA launches 2nd phase of the Libyan Audit Bureau’s personnel capacity building project

Talal Abu-Ghazaleh, chairman of the Arab Society for Certified Accountants (ASCA-Jordan), has launched the second phase of the project aligned with the International Organization of Supreme Audit Institutions (INTOSAI) standards aimed at improving the skills of Libyan Audit Bureau (LAB) personnel, funded by the United States Agency for International Development (USAID).

The launch ceremony was organized in the presence of Mr. Nael Chparro, director of the USAID’s Libyan Public Financial Management (LPFM). It was also   attended by representatives from the project team: Mr. Adel Al-Qassar, Mr. Tariq Al-Aidoudi, and Mr. Muhammad Al-Maghribi.

During the ceremony, the first group of the ‘Certified Performance Auditors’ was graduated, which was part of the project’s first phase that aimed at enhancing the skills of the LAB cadres in accordance with INTOSAI standards. The training of the auditors covered three types of auditing: Financial, compliance, and performance auditing.

In his remarks, Dr. Abu-Ghazaleh expressed his gratitude to the LAB for entrusting and selecting ASCA as the contributing entity for implementing the project. He emphasized the importance of the project in enhancing the professional skills of LAB employees, noting that it represents a significant milestone in the Bureau’s endeavors to enhance the capabilities of the Libyan auditors,  and it will contribute to protecting the interests of the Libyan people.

In a recorded speech, LAB President, Mr. Khalid Shakshak stressed  LAB’s ongoing commitment to developing the skills of its professionals, highlighting the project’s goal in sharpening the workforce’s technical and professional capabilities to achieve an advanced level of control methodologies. Additionally, he expressed his full confidence in ASCA.

For his part, Mr. Nael Chparro underscored the collaborative relationship among the LAB, ASCA, and USAID over the two years of  implementing this project. He highlighted the commitment to a participatory and an integrated approach to bolster the LAB’s efforts in safeguarding Libyan public funds.

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