The projects purpose is:
- To develop an effective internal control and audit environment in public sector in line with applicable clauses in Article 49 of the Association Agreement;
- To contribute to an effective internal control and internal audit environment through strengthening the legal, institutional and professional frameworks for Financial Management and Control (FMC) and Internal Audit (IA),
- To increase awareness regarding Public Internal Financial Control (PIFC) roles and benefits across all levels of administration, creating and sharing good national practices in FMC and IA.
The project aims at achieving the following results:
- Strengthening of the overall Financial Management and Control System and enhancement of the capacity of the central government and the individual budget organizations to address the recommendations of internal and external audit;
- Strengthening of the system and capacities for internal audit of state and local public authorities;
- Reforming Financial Inspection (FI) and implementation of its new task;
- Establishing a solid mechanism for training of specialists in the public finance area.
