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IDI/PASAI 1st Cooperative Financial Audit – Foreign Aided Projects

Beneficiary level: Regional
Project status: Completed
INTOSAI region(s): PASAI
Duration from: 2014-04-01
Duration to: 2014-11-30
Total budget (US Dollar): $100000

The regional cooperative audit on foreign aided projects conducted PASAI under its cooperative audit program was the first pilot for a cooperative financial audit. SAIs from six Pacific Island Countries (PICs) conducted individual audits. A regional report is developed to summarise the findings across the six individual audits conducted and identifies the common weaknesses in the audit of foreign aided projects. Furthermore this pilot program resulted in multiple observations and lessons learned which will assist SAIs in the conduct of financial audits of foreign aided projects in the future. It is expected that SAIs and development partners in the Pacific Region may learn valuable lessons from both individual SAI reports as well as from this regional report to improve and enhance the quality of financial audits of foreign aided projects. The six countries involved in the project were Cook Islands, Fiji, Tonga, Tuvalu, Samoa and Kiribati

SAIs connected to this project

  • Cook Islands
  • Fiji
  • Kiribati
  • Samoa
  • Tonga
  • Tuvalu
How the project was initiated
Other
Gender Relevance
Has the project/activity as an objective “the strengthening of the SAI Institutional Framework/ Independence”?
Contact person: Beneficiary SAI/Region/Committee
Mrs Agnes Tuiai-Aruwafu, Director Technical Support, [email protected], +64 2207 17416
Source of funding
IDI basket funds
Other Source of funding
Contact person: Provider of support
Implementing agency(s)
PASAI and 6 SAIs
Contact person: Implementing partner(s)
Type of support
Stand alone project
Support modality
Support categories covered
Performance audit
Is support based on beneficiary SAI/INTOSAI region Strategic Plan?
Yes
Any other information
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