Approach
Results in Numbers
SOCAG aims to strengthen the independence and effectiveness of the OCAG through the introduction of a new audit law as well as increase the accountability and efficiency of OCAG through addressing issues relating to audit quality, coverage, timeliness, improved delivery and deciding high level training needs. An action plan has been developed for strengthening the OCAG’s relations with stakeholders. Further, it has finalized the course design for Chartered Institute of Public Finance and Accountancy (CIPFA), and also selected 72 participants for the first round of CIPFA certificate course. The project has put in place a consortium consisting of an international consulting firm - PKF (UK) LLP, the UK National Audit Office (NAO), the Chartered Institute of Public Finance and Accountancy (CIPFA), and a team of national consultants to provide the Management and Implementation Support Consultancy services, which expedited the project implementation. The Comptroller and Auditor General (CAG) of India have agreed in principle to conduct a Peer Review of the current systems and practices of the OCAG Bangladesh. CAG Bangladesh sent formal requests to NAO UK and CAG India for establishing twinning arrangements.
20 high impact areas identified for pilot audits using specialized methodologies.
A framework for OCAG to better support Parliamentary Oversight Committees has been developed and is in the process of finalization through dissemination. Formal arrangement established with an internationally recognized PFM accreditation institution for delivering accreditation courses at FIMA.
72 OCAG staff enrolled for CIPFA PFM Accreditation -Certificate level Course.
Towards the Future
Š Mahfuzul Hasan Bhuiyan
Discussions are on-going with stakeholders and the Government regarding a no-cost extension of the project and restructuring as appropriate.
The World Bank in Bangladesh
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