Public Financial Management, Accounting & Audit – Concept Note

The purpose of this concept note is to describe an approach to building the capacity of local governments (LGs) to improve public financial management, accounting, and audit practices. Improved financial practices will, in turn, improve the delivery of social services.

Despite resource shortfalls leading to serious constraints in service delivery, overall financial management standards have improved. This is evidenced by the annual reports of the Office of the Auditor General (OAG). During the 2014-2015 financial year (FY), 97% of the LGs received unqualified1 audit opinions, compared to 37% in FY 2012-2013. In comparison to the base year (2009-2010), 69% of the 35 SDS partner districts received qualified2 audit opinions. Hence, the 2014-2015 audit reports reflect an improvement in reporting and accountability levels.

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