Development of Internal Audit Systems

Sub-Saharan Africa - Malawi

2013-2016 | World Bank | USD 438,000

Cowater implemented this three-year, USD 438 000 World Bank-funded project (2013-2016) which improved the internal controls, accounting, accountability reporting and oversight of the government of Malawi. We assisted the Central Internal Audit Unit in enhancing their auditing capacity through aligning international audit laws, regulations and manuals with international standards, the provision of training, and the development of a quality assessment framework. Specifically, Cowater assisted in updating the Internal Audit Manuals and Standardized Audit Working Papers to be fully compliant to the International Professional Practices Framework of the Institute of Internal Auditors. We strengthened internal audit functions and improved internal financial control systems through reviewing National Audit Laws and Regulations. We also delivered training on risk-based internal audit methodology and Computer Assisted Audit Techniques which led to the internal audit staff conducting pilot audits. The project led to enhanced change management processes and strengthened Audit Quality Assurance.


Related Projects

Technical Assistance and Capacity Building to Yemen’s House of Representatives

Under this technical assistance contract Cowater International (formerly Transtec) contributed to governance reform in Yemen, supporting and strengthening the roles and capacities of democratically elected institutions. The services provided by […]

Technical Assistance to Support Cities in Raising Revenues in Urban Development Project Cities

The aim of the project was to support the efforts of four targeted flagship cities in the mobilization of own source revenues in increase municipal resources available and to extend […]

Technical Assistance to Support the National Anti-Drug Strategy in Peru

Cowater International (formerly Transtec) is implementing this EU-funded project in Peru, providing technical assistance to Peruvian institutions responsible for implementing the National Anti-Drug Strategy and related policies. It is strengthening […]



Interested in shaping the future with Cowater International?
Learn More