Institutional Capacity Development of the Royal Audit Authority

Name: Institutional Capacity Development of the Royal Audit Authority

Funding: The World Bank

Duration: 1st July 2015-30th June 2018

Quantum of Grant: USD 275,000

Objective:
To enhance the effectiveness of the RAA by strengthening its operational capacity to produce and disseminate quality audit reports as per the International Standards of Supreme Audit Institutions (lSSAls).

Expected Results:
Improved audit approaches and methodologies impacting on the quality of audits and reporting (measured by percentage of ISSAIs complied audit reports issued)

Planned Main Activities:

1. Training of Subject Matter Experts and Expert Trainers:
a. Training of SMEs and Expert Trainers for PA,FA & CA;
b. Training of SMEs for HR and Communication Strategies

2. Development of Professional Development Courses based on ISSAIs, training of auditors, pilot audits and audit costs:
a. Course Development
b. Conducting Pilot audits
c. Training of rest of RAA auditors by the IDI trained mentors
d. Conducting ISSAIs compliant audits