| |
|
|
|
| 67.
|
Component -1 of Financial Management Reform Program (FMRP) -Comptroller and Auditor Generals Office |
| |
|
|
|
| |
Country |
: |
Bangladesh |
| |
Name of the client |
: |
Office of the Comptroller and Auditor General, Dhaka |
| |
Name of the Funding
Agency |
: |
- Department for International Development (DFID)
- The Royal Netherlands Embassy (RNE)
|
| |
Project Duration |
: |
2003 - 2008 |
| |
Scope of the Project |
: |
The FMRP is designed to support improvement in GoB financial management for five years. FMRP is a five-year programme funded by the Department for International Development (DFID) and the Royal Netherlands Embassy (RNE). The programme is intended to provide support to the Ministry of Finance (MoF), the Comptroller and Auditor General (C&AG's), the Controller General of Accounts (CGA), the Financial Management Academy (FIMA) and selected line ministries in financial management reform. The programme is likely to be implemented over a period of approximately five years with a budget of approximately £25 million. The goal of FMRP is to improve the efficiency and effectiveness of the allocation of resources, and to achieve more equitable and improved public service delivery. The purpose of FMRP is to develop accountable and transparent institutional management and operational arrangements for aggregate fiscal discipline, strategic prioritisation of expenditure and improved performance during budget execution. FMRP comprises five interrelated components. The main objective of the Component-1 is to strengthen auditing practise and information for improved parliamentary scrutiny of public financial management. |
| |
Services Provided |
: |
-
Improve quality and focus of audit reports- develop planning and monitoring procedures which focus audit effort on priority issues and areas most likely to deliver higher quality audit reports.
-
Adoption of new audit methods, techniques and approaches - complete performance audits in a minimum of 5 areas each year starting year ending 30 June 2004. Enhance audit reports submitted to PAC, including a higher priority to issues of efficiency and effectiveness. Introduce a systems-based audit approach, and reduce the substantive approach. Develop other Audit methods & techniques including IT audits and use of IT for audit management.
-
Ministries respond to audit reports more promptly, with corrective measures implemented-clear guidelines in place on internal control and on internal audit. Inform senior officials about public accountability, their responsibilities and the role of Audit. Establish audit committees and institutionalise links with FMUs in at least 5 Ministries. Establish procedures to track action taken on audit reports by PAOs.
-
Improve analytical and research capacity to provide higher quality reports to PAC and follow up of their ecommendations-improve research and analytical skills developed in C&AG Office. Develop infrastructure for improved research. Clear procedures for follow up of PAC recommendations. Enhanced links with civil society and other stakeholders
|
| |
|
|
|
|
|
| «
Back |