Conscious of the close economic and cultural ties among the countries
of Economic Cooperation Organization the heads of the Supreme Audit
Institutions (SAIs) of Republic of Afghanistan, Republic of Azerbaijan,
Islamic Republic of Iran, Republic of Kazakhstan, Republic of Kyrghizstan,
Islamic Republic of Pakistan, Republic of Tajikistan, Republic of
Turkey, Republic of Turkmenstan and Republic of Uzbekistan met in
Bhurban (Paksitan) during 17-19-April 1994 with a view to:
IMPROVING Relation in the filed of public audit, among the State of
ECO possessing different experience of economic and social developments:
COOPERATING in sharing the burden of professional development of the
auditors of ECO countries;
PROMOTING exchange of view and experience among SAIs of member states
of ECO, which have evolved on different lines and perform different
functions; and
ACTING with the spirit of cooperation and brotherhood contained in
the Charter of ECO resolved to form and organization of Supreme Audit
Institutions of the countries of ECO in accordance with the following
provisions.
DEFINITIONS
Article 1
In the present Charter:
- “ECOSAI”
shall mean the external Organization of Supreme Audit Institutions
of countries of ECO.
- “Member
Institution” shall mean the Supreme Audit Institutions of
countries of ECO and those admitted to ECOSAI under Article 12 of
this charter;
- “Assembly”
shall mean the Assembly of ECOSAI;
- “Governing
Board” shall mean the Governing Board of ECOSAI;
- “Secretariat”
shall mean the Secretariat of ECOSAI.
OBJECTIVES
Article 2
The organization of Supreme Audit Institution of ECO countries, inspired
by the principle of equality of all member institutions and by the
respect for the legal frameworks governing each member institution
and seeking the possibility of affiliating to International Organization
of Supreme Audit Institution (INTOSAI), shall aim at:
- Exchanging
knowledge and skills in government auditing amount member institutions;
- Sharing
experience in the practice and development of auditing;
- Promoting
development of auditing standards;
- Fostering
mutual collaboration and brotherhood among the staff of member institutions;
- Developing
information and database on government auditing practices of member
SAIs’
- Encouraging
joint research activities and transfer of knowledge in government
auditing.
ORGANS
Article
3
Objectives
of ECOSAI shall be achieved through the following organs:
- The
Assembly
- The
Governing Board
- The
Secretariat
ASSEMBLY
Article 4
- The Assembly shall be the policy making body of
ECOSAI comprising heads of Supreme Audit Institutions of member
ECO countries or their duly authorized representatives.
- The Assembly shall hold its ordinary meetings
triennially. It can meet in an extraordinary session at the initiative
of the Governing Board or at the request of half of the member institutions.
In order to be validly constituted, an absolute majority of the
member institution must be represented. The meetings of the Assembly
shall be chaired by the President of the Governing Board.
- The decisions of the Assembly shall be taken by
a majority vote except for the cases stipulated otherwise in the
Charter. Each member institution has the right to one vote regardless
of the number of representatives.
POWERS
AND RESPONSIBILITES OF ASSEMBLY
Article 5
The Assembly shall have the powers and responsibilities
to:
- take decisions regarding issues and proposals
submitted for discussion for implementing the objectives of ECOSAI;
- constitute special committees for study of matters
of professional and technical interest;
- modify the Charter, on the proposals submitted
by the Governing Board or one-third of the member institutions,
by passing a resolution of the Assembly by a two-third majority
of those present;
- approve ECOSAI budget and accounts;
- elect two member countries as Audit Committee
of ECOSAI and to approve the audit report;
- elect three members of the Governing Board;
- decide the venue and date for the next meeting;
- discuss and decide on any other matter of common
interest.
