WITH DEFICIENCES OF VIEW
Youtube
Facebook
print
On September 27, the Court of Accounts of the Republic of Moldova (CoARM) participated in the National Conference on "Internal managerial control in local public authorities: challenges, successes and perspectives". The My Community Program, funded by the United States Agency for International Development (USAID), organized the event.
The purpose of this conference was to support the Government of the Republic of Moldova in the implementation of the Action Plan regarding the advancement of the implementation of the internal managerial control system (IMC) in local public authorities, through the involvement of local experts.
The conference brought together representatives of central and local public authorities, including representatives of the Ministry of Finance, the Financial Inspectorate, development partners and local experts, academia. The representatives of these institutions were invited to discuss the opportunity and necessity of developing the internal managerial control system in the local public administration (LPA) in the Republic of Moldova. Discussions were initiated through the questions:
- How and to what extent should the capacities and resources of local public authorities in the Republic of Moldova be changed to improve the quality of the IMC system?
- What should be the next steps in the development of the IMC system of effective local public administration, centered on solid commitment to citizens?
Panelists shared their challenges, success stories on performance and risk management in the LPA, best practices and identified perspectives in the field of IMC.
In this context, Ecaterina Paknehad, Head of the CoARM’s Apparatus, reported that the Court of Accounts was and still remains an important and proactive actor in strengthening internal public financial control and in promoting managerial responsibility for the optimal management of resources according to the objectives of the public entity, on the basis of the principles of good governance. Within the external public audits, the Court of Accounts complies with the requirements of international auditing standards (IAS INTOSAI) and subjects the IMC system and the internal audit activity to evaluation, and the results obtained are used in establishing risks, determining the audit approach, as well as in the overall analysis of how public money and assets have been managed, Ms. Paknehad noted.
We mention that the My Community Program collaborates with 91 town halls and communities in the Republic of Moldova to strengthen the capacities of local elected officials so that they can ensure efficient, transparent and responsible governance, which will accelerate the development of rural communities and public services.
