- Government of Montenegro
Ministry of Finance Kick-off meeting for the project „Development and ...
Kick-off meeting for the project „Development and strengthening of the capacities of State Audit Institution and Audit Authority”
The overall objective
of this contract is to strengthen the capacities of the Audit Authority and the
State Audit Institution of Montenegro.
The
activities will be divided into two different components.
Component 1 will focus on support to the Audit Authority
(AA), in particular development of AA strategic plan
and action plan for its implementation, improvement of the audit manuals for
different types of audits according to the international standards and EU best
practices, assessment of training needs, development and implementation of
training program for the auditors, on the job trainings, study visits, introduction
of quality assurance methodology and improvement of the institutional capacity
in terms of better IT management.
Component 2
will focus on support to Montenegro State Audit Institution (SAI), in
particular improvement of SAI institutional capacity, standardization of the
audit process for financial, regularity and performance audit aligned with
ISSAI standards, organization and delivery of trainings for SAI and improvement
of the institutional capacity in terms of better IT management system.
The
project will be implemented by the GFA
Consulting Group GmbH from Germany, in consortium with the TIM4PIN
Consultancy Ltd, Supreme Audit Office of Poland and State Audit Office of the
Republic of Croatia. Its total value is 648.500,00
EUR, out of which the EU contribution is 90% and National co-financing is
10%. The project
is being implemented under indirect management of EU funds in Montenegro, with
the Directorate for Finance and Contracting of the EU Assistance Funds,
Ministry of Finance being the Contracting Authority.
The kick-off meeting was
attended by the representatives of the Ministry of Finance, Montenegro State
Audit Institution, Audit Authority and representatives of the EU Delegation to
Montenegro. Project management and key expert who will be working on
implementation of the project had the opportunity to present themselves and the
outline of the project activities. Also, the provisional work plan for the next
period was discussed and agreed at the meeting.