Transregional Capacity Building Programme for Audit of Public Debt Management Meeting of Working Group on Public Debt June 2010 Mexico City

Presentation Plan The 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) Objective : To enhance both professional staff development and organisational capacity of target SAIs in public debt management audit Objective : To enhance both professional staff development and organisational capacity of target SAIs in public debt management audit Planning Meeting 2. E-survey Curriculum & Design Meeting 4. PDMA e- Course 5. Online Audit Plan Face-to-face Audit Planning 7. Pilot Audit - Online and - Onsite support Review Meetings 9. Wrap up meeting 1.Web based course in PDMA 2.31 SAI Audit teams trained 3.Completed PDM Audit 4.PDMA guidance 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 1.Institutionalisation of PDMA 2.Acceptance of audit recommendations 3.Enhancement of the PDM OutputOutcome

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 Groups Mr. Jose Oyola – US GAO Mrs. Roula Katergi – DMFAS/UNCTAD French -speaking Groups Mrs. Teresa Nunes – SAI Portugal Mr. Gabor Piski – DMFAS/UNCTAD Regional SME Mrs. Regina Chilupula – SAI Zambia Commonwealth Secretariat Mr. Walton Gilpin UNITAR World Bank Mr. Tomas I. Magnusson

Planning Meeting 2. E-survey Curriculum & Design Meeting 4. PDMA e- Course 5. Online Audit Plan Face-to-face Audit Planning 7. Pilot Audit - Online and - Onsite support Review Meetings 9. Wrap up meeting STATUS of ACTIVITIES Completed 1 – 6 On going 7 Future 8 – 9

Completed Activities Deployment of PDMA e-Course in English & French (#4) 5 October to 27 November 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 Case Studies

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) 1 st 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 SAIs completed after December 2010 Pilot Audits (#7a)

Audit Supports (#7b) On going Projects Online Supports 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 Resources WGPD Guidelines, E-learning course and Audit Design Matrix SMEs and Selected Audit Teams/Participants Status 1 st Draft and feedback on format and structure by SMEs (Dec 2010) 2 nd Draft will be available before Audit Review Meeting for participants’ feedback (March 2011) 3 rd Draft will be circulated to key stakeholders Finalisation - mid 2011 (Wrap-up Meeting)

Development of Audit Guideline On going Projects Structure Introduction 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!

Online Course Evaluation Course 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 portal Excellent 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 information Excellent 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