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Regional workshop for Assessment teams under IDI/ADB Sustainable PA practices

10/03/2023

Teams from SAIs Bangladesh, Bhutan, Mongolia, Nepal, Philippines, and Papua New Guinea have joined the IDI/ADB organized workshop in Manila to develop their plans for assessing performance audit practices in their SAIs.

IDI ADB Sustainable PA practices – Regional workshop in Manila  Teams from SAIs Bangladesh, Bhutan, Mongolia, Nepal, Philippines, and Papua New Guinea have joined the IDI/ADB organized workshop in Manila to develop their plans for assessing performance audit practices in their SAIs. After assessment of their performance audit practices and identification of needs, SAIs will proceed with tailored efforts to strengthen the practices to increase sustainability and impact of their performance audits.   IDI has committed to team closely with SAIs and support them in both – assessment of needs by end September 2023 and fine-tuning their policies, systems, methodologies, and practices throughout 2024-2025. Fine-tuning will include but not be limited to strategizing performance auditing, bringing audit practices in line with ISSAIs (International Standards of Supreme Audit Institutions) and beyond, developing competency frameworks for performance auditors, transforming from ‘stand-alone’ quality review and assurance activities to overall quality management system and audit impact assessment techniques. Updated policies, systems and practices will then be tested while conducting pilot audits.

The IDI/ADB project is one of IDI’s new initiatives. This is the first time that IDI works together with the development bank. IDI as a platform offering holistic development support to SAIs partnering with a development bank financially supporting the initiative could result in an excellent synergy.  Synergy and impact in terms of growing capacity, credibility, and recognition of participating SAIs as professional and reliable auditors advising governments on how to raise economy, efficiency and effectiveness of government systems, programs and service to people.

Initiative

Sustainable Audit Practices

Topics

Audit Practices

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