This publication fulfills the objective set by the RIFIX Working Group and demonstrates the commitment of the IACOP to improving Public Financial Management (PFM) in its member countries. IACOP continues to expand the line of knowledge products that started with publication of the Good Practice Internal Audit Manual in 2022, followed by the Good Practice Continuing Professional Development Manual Template, the Internal Audit Body of Knowledge, Risk Assessment in Audit Planning Guide, and the Quality Assessment Guide for Public Sector Internal Audit. The quality of these materials reflects an underlying extensive collaborative process, which includes participation of practitioners and policymakers in member countries. The IACOP hopes that users will find it valuable in the establishment of effective collaboration among public sector internal and external audit entities and financial inspection bodies.
