The UAE and Estonia enhance cooperation in the fields of oversight and auditing
ABU DHABI, 1st February, 2018 (WAM) – The Emirates Accounting Authority signed a memorandum of understanding with the Estonian Audit Bureau, with the aim of enhancing cooperation in the fields of oversight and auditing, exchanging institutional expertise, and benefiting from modern technologies in developing auditing and digital governance systems, within the framework of the growing relations between the United Arab Emirates and the Republic of Estonia.
The memorandum was signed during the reception of His Excellency Humaid Obaid Abu Shabas, President of the Emirates Accounting Authority, with Jannar Holm, Auditor General of the Republic of Estonia, and his accompanying delegation, at the agency’s headquarters in Abu Dhabi.
The memorandum aims to develop oversight work mechanisms, enhance cooperation in the areas of government auditing, capacity building, and benefit from digital solutions and modern technologies to support the efficiency of oversight and auditing in accordance with international best practices.
This step reflects the keenness of both sides to expand international partnerships in a way that contributes to consolidating the principles of transparency and accountability at the Emirati and Estonian levels.
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