This assignment (PPTA: Project Preparatory Technical Assistance) supported the preparation and design of the proposed program to deepen and enlarge reforms under the FMRP and ensured that the Government had relevant analysis and information for effective decision-making.
The PPTA developed background studies serving for the design of a policy framework to provide the following:
- Continuity of reforms initiated under FMRP (i.e., addressing pension liabilities);
- Deepening of reforms following FMRP (i.e., application of public expenditure reviews in the selected sectors including health, education, agriculture and roads & highways);
- Complementary reforms following FMRP (i.e., developing internal audit functions of the Treasury)
- Capacity building for management audit:
- Reviewing job description and competences of newly developed management audit department;
- Reviewing organizational structure and internal audit arrangements and functions at Ministry of Finance and Treasury, including in the revenue departments;
- Developing a comprehensive management audit manual on risk-based auditing and performance-based budget auditing methodology;
- Reviewing the existing HR practices applied in the audit department (including recruitment, training, and performance appraisal), assessing gaps and preparing a training calendar for the Management Audit Department;
- Developing a guide on Performance Auditing covering (i) Objectives of Performance Auditing, (ii) Stages of Performance Auditing engagement, and (iii) Execution of a Performance Audit Assignment Reporting.
- Revenue management both at central and at selected provinces;
- Reviewing the treasury fund transfer system (TFTS) at MOFP, including the layers of bank accounts and the latest cash management practices;
Developing foundations of a service delivery framework for agriculture, health and education.
Timeframe: January 2009 - December 2010
Realated Countries: Sri Lanka
Categories: PFM and Financial Management and Audit and Accounting, Project design and Preparation and Feasibility Study