Cowater to Enhance the Internal Audit Service of the Royal Government of Bhutan News

21 December, 2013

Cowater has been selected by the Royal Government of Bhutan to provide technical support to the Central Coordinating Agency to enhance capacity of the internal auditors and to work with the Internal Audit Service (IAS) to develop a fully functioning internal audit unit. This World Bank funded project will include the following technical assistance activities:

  • Development of an Institutional Strengthening Strategy that will upgrade the internal audit capability of the IAS by aligning the current internal audit manual with accordance to international standards and best practices in public section internal audit and the Bhutanese context
  • Upgrading the Capacity to Conduct Internal Audit to improve capacity to conduct effective internal audits by implementing a risk-based audit approach in accordance with international standards and best practices in public sector internal audit.
  • Enhancing the Impact of Internal Audit to improve the quality of internal audit report writing and to ensure that the reports are adequately disseminated by stakeholders leading to the implementation of audit recommendations.
  • Training 20 Internal Auditors to prepare them to successfully complete the CIA/CGAP examinations.

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.

Related Content

Successful deployment of the Audit360™ software

(Freetown) – Cowater is pleased to announce the successful deployment of the Audit360™ software, its proprietary and in-house developed Audit Management Information System (AMIS), in support of the Audit Service […]

Le rôle des institutions supérieures de contrôle

Cowater examine deux domaines clés où les pays donateurs tels que le Canada peuvent jouer un rôle important en permettant aux pays partenaires de tirer parti des mandats et des capacités de leurs institutions supérieures de contrôle afin de mieux assurer la réalisation des principales priorités de développement international.

The Role of Supreme Audit Institutions

Cowater examines two key areas where donor countries such as Canada can play an important role in enabling partner countries to leverage the mandates and capabilities of their Supreme Audit Institutions to better ensure the achievement of core international development priorities.

Interested in shaping the future with Cowater International?
Learn More