May 2013: Cowater Signs a New 5-Year Project to Support Public Accountability in Cuba
Cowater recently signed a new CAD 5M dollar contract to manage and implement the Strengthening Public Accountability Project in Cuba. The project aims to strengthen public accountability in Cuba by improving the ability of the Cuban government to build transparent financial and economic management. Through a Canadian International Development Agency contribution, Cowater International is introducing modern auditing approaches and techniques based on Canadian and international models. The project will support the decentralization of the audit function across Cuba and increase its effectiveness by training a new cadre of auditors to international standards enabling them to contribute significantly to strengthening institutional accountability in Cuba.
Key project activities include: (i) providing practical and theoretical training (courses, workshops, lectures) to auditors within the National Audit System on audit methodologies, supervision and control practices; and (ii) providing training and technical assistance to the Office of the Comptroller General of Cuba and its auditors to certify them in accordance with international standards.
This project will be managed by Cowater’s Public Financial Management and Accountability Group, a Cowater division recognized for its work to strengthen Supreme Audit Institutions and build public sector audit capacity worldwide.