The overall project objective of the project was to increase the capacity of the internal audit function across the Provisional Institutions of Self Government (PISG) to improve the effectiveness and efficiency of public spending.
The main aim of the project included the implementation of the PIFC legislative framework, as well as the Internal Audit law and related secondary legislation. Furthermore, to assist the Ministry of Economy and Finance and other budget organisations to carry out the internal audit plan and to strengthen the capacity of the internal audit function across the PISG.
The key project results of the project were the following:
• The Internal Audit Law is fully implemented;
• The Central and Harmonisation Unit (CHU) is adequately staffed and operational;
• An Internal Audit Strategy is drafted and implemented;
• A minimum of 25 pilot audits are carried out;
• All PISG internal auditors have obtained a solid knowledge of internal audit and related fields;
• A core group of internal auditors (at least five) have reached a level of knowledge sufficient to take internationally recognised certification exams.
Key project outputs included:
• Government approved Internal Audit Strategy;
• Assessment of the Internal Audit Law;
• Updated secondary legislation (Internal Audit Manual);
• Series of audit and non-audit workshops;
• 25 Pilot Audits.
Additional Outputs:
• Re-written Internal Audit Manual to reflect International Standards and international best practice;
• Advice and recommendations to the CHU on amending and improving the Internal Audit Law;
• An International Seminar on Governance in Kosovo;
• On-going advice to the CHU on operational and technical audit matters.