process process Ensure timely translation and availability ISSAI Standards and No additional of ISSAI standards and guidelines 2018 Audit Office of the Guidelines is translated funds are needed FBiH Institutions Harmonize the methodology for financial audits and performance audits with Harmonized methodology for No additional Audit Office of the changes to ISSAI standards 2018 carrying out financial audit funds are needed FBiH Institutions Establish a register of recommendations 4th Audit Office of the Systemic The registry is put into No additional monitoring of given to auditees for financial audit and quarter FBiH Institutions operation funds are needed procedures performance audit 2017 according to Adopt procedures for monitoring activities Audit Office of the according to recommendations (especially FBiH Institutions in order to 4th for performance audit) No additional increase Procedures passed quarter funds are needed accountability 2017 in the public sector Fill with qualified staff the Sector for Audit Office of the Strengthen the Methodology and Quality Control and 2018 Budget FBiH Institutions role of quality control and ensure that it is operational quality Harmonize the methodology for Audit Office of the No additional assurance in The methodology is in line with 2018 performing quality control and quality FBiH Institutions funds are needed auditing the amendments to the ISSAI assurance with changes to ISSAI
process process Ensure timely translation and availability of ISSAI standards and guidelines ISSAI Standards and Guidelines is translated 2018 No additional funds are needed Audit Office of the FBiH Institutions Harmonize the methodology for financial audits and performance audits with changes to ISSAI standards Harmonized methodology for carrying out financial audit 2018 No additional funds are needed Audit Office of the FBiH Institutions Systemic monitoring of procedures according to in order to increase accountability in the public sector Establish a register of recommendations given to auditees for financial audit and performance audit The registry is put into operation 4th quarter 2017 No additional funds are needed Audit Office of the FBiH Institutions Adopt procedures for monitoring activities according to recommendations (especially for performance audit) Procedures passed 4th quarter 2017 No additional funds are needed Audit Office of the FBiH Institutions Strengthen the role of quality control and quality assurance in auditing Fill with qualified staff the Sector for Methodology and Quality Control and ensure that it is operational 2018 Budget Audit Office of the FBiH Institutions Harmonize the methodology for performing quality control and quality assurance with changes to ISSAI The methodology is in line with the amendments to the ISSAI 2018 No additional funds are needed Audit Office of the FBiH Institutions
FBIH%20PFM%20reform%20strategy%202017%20-%202020.docx