What is the IFPP and what is its authority?
IFPP is the INTOSAI Framework of Professional Pronouncement. INTOSAI Professional Pronouncements are the formal and authoritative announcements or declarations of the INTOSAI Community. They rest upon the common professional expertise of INTOSAIs members and provide INTOSAI
s official statements on audit-related matters. All professional pronouncements are developed and approved through a due process before they are presented to INCOSAI for endorsement. The purpose of IFPP is to improve the credibility of INTOSAI’s professional pronouncements, assist in making them an authoritative framework for public sector auditing and enhance their technical quality. The INTOSAI Professional Pronouncements consist of INTOSAI Principles (INTOSAI-P), International Standards of Supreme Audit Institutions (ISSAI), Competency Pronouncements (COMP), and INTOSAI Guidance (GUID). These pronouncements can be found on www.issai.org. The IFFP and the different types of pronouncements are defined in the classification principles, which can be referred from the Strategic Development Plan (SDP).
The authority of all the pronouncements in the IFPP rests on their endorsement by the INTOSAI Congress, which is a professional and international body for Supreme Audit Institutions. All pronouncements endorsed and included in IFPP are the official position of INTOSAI.
The IFPP will replace the existing ISSAI framework by 2019, once the work of updating and migrating the current pronouncements is completed.