Capacity Building for Public Sector Auditing Project in Armenia


Budget : 405,538 USD
Country : Armenia
Sector : Public Sector Management
Dates : 2014 -
Partner : PHP Audit CJSC (Armenia)
Funding : World Bank


  • Evaluate strengths and weaknesses of the Control Chamber of the Republic of Armenia (CoC) in the context of the prevailing legal framework
  • Develop manuals for financial and compliance audits in line with the International Standards of Supreme Audit Institutions (ISSAI) and best EU practices
  • Develop a training plan for the CoC staff on ISSAIs and in line with the manuals for financial and compliance audits
  • Establish a Working Group at the CoC based on a transparent and objective criterion to select the members of the Group
  • Organize and conduct trainings for the Working Group on ISSAIs and the new audit procedures
  • Conduct pilot financial and compliance audits in two public sector entities together with the members of the Working Group
  • Elaborate a strategy for the introduction of Financial and Compliance Audits in the CoC in line with ISSAIs and an implementation Action Plan