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”. The aim was to outline the concept and approach of IT audit and discuss related internal audit areas of focus and concerns. Participants learned about IT annual risk assessments, the IT audit universe, IT audit engagement planning, execution, and reporting, as well as the process to follow-up recommendations.
KNOWLEDGE PRODUCTS
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.
Assessing the Effectiveness of Internal Control: PEMPAL Guidance for Public Sector Internal Auditors
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:
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. The paper is not intended as an academic reference, rather it is designed to be a practical tool including examples and tips which officials can utilize when redeveloping the government’s public financial management reporting framework.
“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.
This knowledge product was developed by the BCOP Budget Literacy and Transparency Working Group.
This knowledge product was developed by the BCOP Program and Performance Budgeting Working Group. It presents data on performance budgeting and spending reviews in PEMPAL countries, benchmarks the practices in PEMPAL countries to those in advanced countries, and provides food for thought for PEMPAL countries considering introducing or improving their performance budgeting and spending review systems. Quantitative data used in this report is based on the OECD Performance Budgeting Survey and the internal BCOP survey on spending reviews .
