Audit Universe Description

PEFA.txt

Audit Universe
├── Accounting and reporting
│   ├── Annual financial reports
│   │   ├── Accounting standards
│   │   ├── Completeness of annual financial reports
│   │   └── Submission of reports for external audit
│   ├── Financial data integrity
│   │   ├── Advance accounts
│   │   ├── Bank account reconciliation
│   │   ├── Financial data integrity processes
│   │   └── Suspense accounts
│   └── In-year budget reports
│       ├── Accuracy of in-year budget reports
│       ├── Coverage and comparability of reports
│       └── Timing of in-year budget reports
├── Budget reliability
│   ├── Aggregate expenditure outturn
│   │   └── Aggregate expenditure outturn (sub)
│   ├── Expenditure composition outturn
│   │   ├── Expenditure composition outturn by economic type
│   │   ├── Expenditure composition outturn by function
│   │   └── Expenditure from contingency reserves
│   └── Revenue outturn
│       ├── Aggregate revenue outturn
│       └── Revenue composition outturn
├── External scrutiny and audit
│   ├── External audit
│   │   ├── Audit coverage and standards
│   │   ├── External audit follow-up
│   │   ├── Submission of audit reports to the legislature
│   │   └── Supreme Audit Institution independence
│   └── Legislative scrutiny of audit reports
│       ├── Hearings on audit findings
│       ├── Recommendations on audit by the legislature
│       ├── Timing of audit report scrutiny
│       └── Transparency of legislative scrutiny of audit reports
├── Management of assets and liabilities
│   ├── Debt management
│   │   ├── Approval of debt and guarantees
│   │   ├── Debt management strategy
│   │   └── Recording and reporting of debt and guarantees
│   ├── Fiscal risk reporting
│   │   ├── Contingent liabilities and other fiscal risks
│   │   ├── Monitoring of public corporations
│   │   └── Monitoring of subnational governments
│   ├── Public asset management
│   │   ├── Financial asset monitoring
│   │   ├── Nonfinancial asset monitoring
│   │   └── Transparency of asset disposal
│   └── Public investment management
│       ├── Economic analysis of investment proposals
│       ├── Investment project costing
│       ├── Investment project monitoring
│       └── Investment project selection
├── Policy-based fiscal strategy and budgeting
│   ├── Budget preparation process
│   │   ├── Budget calendar
│   │   ├── Budget submission to the legislature
│   │   └── Guidance on budget preparation
│   ├── Fiscal strategy
│   │   ├── Fiscal impact of policy proposals
│   │   ├── Fiscal strategy adoption
│   │   └── Reporting on fiscal outcomes
│   ├── Legislative scrutiny of budgets
│   │   ├── Legislative procedures for budget scrutiny
│   │   ├── Rules for budget adjustment by the executive
│   │   ├── Scope of budget scrutiny
│   │   └── Timing of budget approval
│   ├── Macroeconomic and fiscal forecasting
│   │   ├── Fiscal forecasts
│   │   ├── Macroeconomic forecasts
│   │   └── Macrofiscal sensitivity analysis
│   └── Medium-term perspective in expenditure budgeting
│       ├── Alignment of strategic plans and medium-term budgets
│       ├── Consistency of budgets with previous years estimates
│       ├── Medium-term expenditure ceilings
│       └── Medium-term expenditure estimates
├── Predictability and control in budget execution
│   ├── Accounting for revenue
│   │   ├── Information on revenue collections
│   │   ├── Revenue accounts reconciliation
│   │   └── Transfer of revenue collections
│   ├── Expenditure arrears
│   │   ├── Expenditure arrears monitoring
│   │   └── Stock of expenditure arrears
│   ├── Internal audit
│   │   ├── Coverage of internal audit
│   │   ├── Implementation of internal audits and reporting
│   │   ├── Nature of audits and standards applied
│   │   └── Response to internal audits
│   ├── Internal controls on nonsalary expenditure
│   │   ├── Compliance with payment rules and procedures
│   │   ├── Effectiveness of expenditure commitment controls
│   │   └── Segregation of duties
│   ├── Payroll controls
│   │   ├── Integration of payroll and personnel records
│   │   ├── Internal control of payroll
│   │   ├── Management of payroll changes
│   │   └── Payroll audit
│   ├── Predictability of in-year resource allocation
│   │   ├── Cash forecasting and monitoring
│   │   ├── Consolidation of cash balances
│   │   ├── Information on commitment ceilings
│   │   └── Significance of in-year budget adjustments
│   ├── Procurement
│   │   ├── Procurement complaints management
│   │   ├── Procurement methods
│   │   ├── Procurement monitoring
│   │   └── Public access to procurement information
│   └── Revenue administration
│       ├── Revenue arrears monitoring
│       ├── Revenue audit and investigation
│       ├── Revenue risk management
│       └── Rights and obligations for revenue measures
└── Transparency of public finances
    ├── Budget classification
    │   └── Budget classification (sub)
    ├── Budget documentation
    │   └── Budget documentation (sub)
    ├── Central government operations outside financial reports
    │   ├── Expenditure outside financial reports
    │   ├── Financial reports of extrabudgetary units
    │   └── Revenue outside financial reports
    ├── Performance information for service delivery
    │   ├── Performance achieved for service delivery
    │   ├── Performance evaluation for service delivery
    │   ├── Performance plans for service delivery
    │   └── Resources received by service delivery units
    ├── Public access to fiscal information
    │   └── Public access to fiscal information (sub)
    └── Transfers to subnational governments
        ├── System for allocating transfers
        └── Timeliness of information on transfers