Minister of Finance Dr. Mohamed Shafeeq has expressed his desire to see Maldivian accountants working in foreign companies. He made this remark during the opening ceremony of the Internal Audit Conference of the state, held at the Islamic Center’s meeting hall.
The two-day conference is aimed at enhancing the capabilities of government institutions and local councils. In his speech, Minister Shafeeq emphasised the administration's dedication to producing more Maldivian accountants, highlighting the numerous scholarship opportunities available in this field.
He noted that accountants are among the highest income earners in the Maldives, with accountants paying the highest amount of income tax in the country. The minister also stressed the need to strengthen internal audits.
The conference will feature the experiences of professionals working in the audit field, alongside discussions on the challenges faced by internal auditors and potential solutions. Additionally, a workshop on practical auditing and audit reporting will be conducted.
The State Internal Audit System, established by the Ministry of Finance under the State Finance Regulations, aims to ensure the accuracy of accounts, funds, and financial records in the state's name. The Internal Audit Committee is responsible for monitoring the state's assets, funds, and documents, ensuring compliance with Financial Regulations.