PEMPAL Guidance on Internal Audit: Demonstrating and Measuring Added Value

This guidance is a product of knowledge sharing and collaboration among members of the Internal Audit Community of Practice (IACOP), of the Public Expenditure Management Peer-Assisted Learning (PEMPAL) network.

In response to questions about the value of internal audit and its role in public financial management by PEMPAL country governments, the IACOP made demonstrating and measuring the value of public sector internal audit a priority area for its 2018 – 2019 Action Plan. Good practices were identified through an extensive collaborative process, involving practitioners and policymakers from PEMPAL member countries and other partners, and developed into this guidance. The IACOP hopes that users will find it valuable for the assessment and demonstration of the added value of internal audit in the public sector.