Fiscal transparency reviews (IMF). These use the code of good practices on fiscal transparency adopted by IMF in 1998. Diagnostic study of accounting and auditing (Asian Development Bank). Exante audits of PFM systems (European Commission). Assessments by CIDA, DFID, EU, ADB and other agencies. The preliminary results of the macro assessment are discussed with the agencies implementing the HACT framework, both to provide a summary of the results and to incorporate agency-specific experience and knowledge of the country into the final assessment. Deliverables The third party service provider summarizes the findings on the risks related to the use of PFM systems for cash transfers within the country in the macro assessment checklist (provided in Annex I). Qualifications of the Third Party Service Provider The third party service provider should be experienced in performing assessments similar to a macro assessment and assessing risks related to PFM systems. The provider should also have financial management experience and knowledge of the United Nations system and the development sector. Curriculum vitae (CVs) of all members of the assessment team should be provided. They should include details on engagements carried out by the staff members, including ongoing assignments indicating responsibilities assumed by them, and their qualifications and experience in undertaking similar assessments. Items to be Provided to the Service Provider before Fieldwork Begins The agency provides the following documentation before starting fieldwork: Summary of primary programme initiatives and IPs in the country; Details of assessments previously performed in the country; and Any other documentation that may help the provider better understand the country context from a United Nations perspective. The third party service provider should review the information received before performing the assessment. Annex 1. Macro Assessment Checklist General Overview of Macro Assessment Country being macro assessed
Fiscal transparency reviews (IMF). These use the code of good practices on fiscal transparency adopted by IMF in 1998. Diagnostic study of accounting and auditing (Asian Development Bank). Exante audits of PFM systems (European Commission). Assessments by CIDA, DFID, EU, ADB and other agencies. The preliminary results of the macro assessment are discussed with the agencies implementing the HACT framework, both to provide a summary of the results and to incorporate agency-specific experience and knowledge of the country into the final assessment. Deliverables The third party service provider summarizes the findings on the risks related to the use of PFM systems for cash transfers within the country in the macro assessment checklist (provided in Annex I). Qualifications of the Third Party Service Provider The third party service provider should be experienced in performing assessments similar to a macro assessment and assessing risks related to PFM systems. The provider should also have financial management experience and knowledge of the United Nations system and the development sector. Curriculum vitae (CVs) of all members of the assessment team should be provided. They should include details on engagements carried out by the staff members, including ongoing assignments indicating responsibilities assumed by them, and their qualifications and experience in undertaking similar assessments. Items to be Provided to the Service Provider before Fieldwork Begins The agency provides the following documentation before starting fieldwork: Summary of primary programme initiatives and IPs in the country; Details of assessments previously performed in the country; and Any other documentation that may help the provider better understand the country context from a United Nations perspective. The third party service provider should review the information received before performing the assessment. Annex 1. Macro Assessment Checklist General Overview of Macro Assessment Country being macro assessed
TORs-HACT-Macro-Assessment.docx