Macro assessments are done to provide background information on the general Public Financial  Management (PFM) context and to determine the level of an organization’s Supreme Audit Institution (SAI) to conduct scheduled and special audits.

Macro assessment examines and interprets pre-existing PFM assessments and other available diagnostic works, and is not intended to be the result of original research.

It is not intended to provide a “pass” or “fail” mark or a risk rating to different organizations, but it serves the following two main objectives:

  1. Capacity Development Objective: the macro assessment supports and identifies the strengths and weaknesses in a organization’s PFM and areas for capacity building.
  2. Financial Management Objective: The macro assessment assists in the establishment of appropriate cash transfer modalities, procedures, and assurance activities to be applied by various funding agencies.

In each assignment, we undertake an in-depth study of all related documents and materials provided to understand the overall framework, objectives of the harmonization process, impact on the organization and outlined risk assessment concepts related to the organization pubic financial system, independence and quality of audit system. Our approach focuses on the following important questions relating to PFM:

  • How can spending responsibilities and revenue sources be best assigned to different departments?
  • What are the responsibilities of different units in designing and supervising a system?
  • How can different independent departments/units be supported to increase local revenues and strengthen financial management?
  • How can different departments/units be held accountable?