January 2022
The note supplements a comprehensive paper “Optimizing the Unified Chart of Accounts Design: Tips for Public Financial Management Practitioners” published by the TCOP in 2020. This new note uses the example of the COVID-19 pandemic and takes forward the discussion on additional government reporting needs when existing classifications do not capture the required information.
December 2021
This report aims to benchmark the treasury single account and cash management practices within the PEMPAL community, to help to identify good peer practices and to promote treasury reforms in the member countries. The quantitative core of this paper is the result of the survey conducted among PEMPAL member countries in early 2021.
The note is not an official World Bank document and does not represent the official views of the World Bank.
September 2021
Participatory budgeting (PB) is “a mechanism or a process through which people make decisions on the destination of all or part of the available public resources,”1 and offers several specific benefits, if executed well. It is a process that could help improve governance within a set of reforms, increase community cohesion, and generate trust in government.
June 2021
This paper is based on materials and discussions at a Smart Interactive Talk with IACOP country auditor members, including IT auditors, which featured a presentation by an information technology audit expert entitled “Virtual Training on IT Audit”.
February 2021
This document has been developed by the IACOP to capture the main findings of the first two meetings of the Central Harmonization Unit (CHU) Challenges Working Group.
January 2021
The development of this knowledge product was motivated by the global budgetary pressure stemming from both reduced revenues and increased expenditure needs resulting from COVID-19 pandemic. This report provides some valuable and innovative options for our countries to consider in conducting rapid spending reviews with a goal of identifying budget balancing measures.
December 2020
The development of this knowledge product was motivated by the need to provide specific advice for the national Ministries of Finance on participatory budgeting, given that such initiatives are globally prevalent at the subnational level. This report provides useful advice for our countries on potential mechanisms for the national Ministries of Finance to design participatory budgeting initiatives at national level and to facilitate participatory budgeting at subnational level.
October 2020
The objective of the paper is to provide public financial management practitioners with a practical guide for developing or updating a government’s Chart of Accounts. The guidance has been informed by actual country experiences among PEMPAL member countries and beyond, and through inputs from World Bank experts working with PEMPAL.
October 2020
This guidance has been developed to help internal auditors better understand the main features of effective internal control and how to assess and evaluate the functionality of internal control systems. It includes a series of criteria for assessing the maturity of internal controls. These may be useful for internal auditors working in organizations that are in the process of developing/refining public financial management (PFM) systems. The guidance:
July 2020
“What gets measured gets done!” is a favorite saying in many management textbooks. There is much evidence to support this saying and good reasons to assume that it can be applied to the work of internal auditors. Demonstrating and measuring the value of public sector internal audit was a priority area in the IACOP 2018 – 2019 Action Plan. Good practices were identified through an extensive collaborative process, involving practitioners and policymakers from PEMPAL member countries and other partners.
