Transregional Capacity Building Programme for Audit of Public Debt Management

Meeting of Working Group on Public Debt

14-15 June 2010

Mexico City

Presentation PlanThe IDI’s Capacity Building Programmes

The IDI – WGPD Capacity Building Programme on Public Debt Management Audit (PDMA)

Completed Activities

Ongoing Activities

Plans for 2011

What worked well

Challenges and support required

Capacity building of an SAI is the development of its institutional framework, people, processes and products in a sustainable manner

enabling SAIs to deliver their mandate more effectively

The IDI’s Capacity Building Programmes

Professional Staff Development

Organizational Systems

Development

Institutional Development

Audit Impact

Table Report

Carry out Audit

Competent Staff

Audit Methodology

Committed Resources

Mandate

Effective Audit Function in an SAI

Transregional Programme on Public Debt Management Audit (PDMA) 2008-2011

Objective :To enhance both professional staff development and organisational

capacity of target SAIs in public debt management audit

1. Web based course in PDMA

2. 31 SAI Audit teams trained

3. Completed PDM Audit

4. PDMA guidance

1. Institutionalisation of PDMA

2. Acceptance of audit recommendations

3. Enhancement of the PDM

Output Outcome

Status of Participating SAIs 29 of 31 SAIs

7 of 8 French-speaking SAIs (AFROSAI F)

22 of 23 English-speaking SAIs (AFROSAI E, ASOSAI, EUROSAI, PASAI)

78 participants: 33 female + 45 male

Resource Persons

English-speaking GroupsMr. Jose Oyola – US GAO

Mrs. Roula Katergi – DMFAS/UNCTAD

French -speaking GroupsMrs. Teresa Nunes – SAI Portugal

Mr. Gabor Piski – DMFAS/UNCTAD

Regional SMEMrs. Regina Chilupula – SAI Zambia

Commonwealth SecretariatMr. Walton Gilpin

UNITAR

World BankMr. Tomas I. Magnusson

STATUS of ACTIVITIES

Completed ActivitiesDeployment of PDMA e-Course in English & French (#4) 5 October to 27 November 2009

10 sessions + case studies

Main Mentors from INTOSAI WGPD• English-speaking Group : Mr. Jose Oyola• French-speaking Group : Mr. Teresa Nunes

Support by DMFAS• English-speaking Group: Mrs. Roula Katergi• French-speaking Group: Mr. Gabor Piski

UNITAR platform

Outputs ( 2 of 4 Programme Output)• e-Course Modules available in two languages• 29 SAI audit teams trained

E-course evaluation

Importance of PDM and A

PDM Concept

Audit

Planning PA

CaseStudies

Online Development of Audit Plan (#5)Objective: to develop draft audit plan (audit design matrix and calendar)

Output: Draft Audit Plan on selected audit topics

29 SAIs in December 2009 – February 2010

Face-to-face Audit Planning Meetings (#6)Objective: peer and SMEs review on draft audit plan

Output: Agreed Audit Plan on selected audit topics

29 SAIs - one-week meeting (Senegal, Kenya, & Indonesia – March)

1st Draft Public Debt Management Audit Guidelines

Completed Activities

Selected Audit Topics

Financial, Regularity and Performance Audit

Audit Topics:Legal Framework and Organisational Arrangement

Debt Strategy

Debt Management Office

Management of External Loans

Management of Loan Guarantees

Management of Government Debt Securities

Management of Debt Securities in Domestic Market

Borrowing Activities

Debt Servicing Activities

Public Debt Information Systems

Debt Reporting and Monitoring Process

On going Projects

Objective: to conduct a pilot audit based on the approved audit plan from data collection until draft audit report

Output: draft audit reports ready to be reviewed by peers and SMEs in the audit review meeting

Approved Audit Design Matrix and Calendar • All completed

• 30 April 2010: AFROSAI-F

• 15 May 2010 : English-speaking SAIs

Audit completion: • 14 SAIs completed before December 2010

• 15 SAIs completed after December 2010

Pilot Audits (#7a)

Audit Supports (#7b)

On going Projects

Online Supportshttp://groups.yahoo.com/group/The_IDI_TPDMA_Group/

http://fr.groups.yahoo.com/group/idiverificationdettepublique/

20 Onsite Supports

OECD country list

Last resort: need basis and only if audit team is stuck

A team of 2 experts: WGPD and DMFAS

Development of Audit Guideline

On going Projects

Objective: to develop PDMA Guidelines – methodology and detailed audit procedures of all audit topics

ResourcesWGPD Guidelines, E-learning course and Audit Design Matrix

SMEs and Selected Audit Teams/Participants

Status1st Draft and feedback on format and structure by SMEs (Dec 2010)

2nd Draft will be available before Audit Review Meeting for participants’ feedback (March 2011)

3rd Draft will be circulated to key stakeholders

Finalisation - mid 2011 (Wrap-up Meeting)

Development of Audit Guideline

On going Projects

StructureIntroduction

Public Debt Concepts

Audit of Public Debt Management Concepts

One chapter for each audit topic covering components of the audit design matrix

One chapter on performance audit of public debt management

3 audit review meetings in March 2011 (#8)Review of draft audit findings and discussion on draft audit procedures

Feedback on the 2nd draft audit guideline and SAI plan for adoption of audit guideline

Wrap up Meeting (#9)Lessons Learned

Monitoring on approval and publishing of audit report

Finalisation of audit guideline

Plan for 2011

Partnership with WGPD for SMEs for the programme

Partnership with DMFAS for experts on debt management

Partnership with UNITAR for e-learning and online audit plan development

Partnership with World Bank, Commonwealth Secretariat, and Regional SME

What worked well

Availability of resource persons to conduct on-site visit

Diverse maturity levels – PDM and Audit

Challenge & support required

Muchas Gracias!

Thank you for your attention!www.idi.no

Online Course EvaluationCourse Information – overall is sufficient

Content and Pedagogical Approach 44% fully, 54% to large extent and 2 % partially achieve overall objectives

PDM structure of each country and more depth on certain topics

References, glossary and external links are very useful

Interaction during the course (discussion board)41% extremely useful, 56% very useful, and 2% useful

32% almost everyday, 56% twice a week, 10% a few times and 1-7 hrs/week

User-friendliness and functionality of e-course portalExcellent 71% and very good 29%

Online Course Evaluation

Contribution of course mentors (moderation, clarity and responsiveness)

63% excellent and 37% very good

Technical support and informationExcellent 54%, very good 44% and good 2%

Challenge: 7% no support from superior, 41% easily incorporate course in work hrs and 2% difficult

English-Speaking SAIs

French-Speaking SAIs