Parallel audit on disaster rehabilitation and reconstruction phase
The objective of the parallel audit is to test out the draft ISSAI 5520. Therefore, it is expected to provide a list of feedback to enhance the draft ISSAI 5520 on Audit of Disaster-related Aid: Guidance for Supreme Audit Institutions.
Based on their experiences during the parallel audit program, the participating SAIs found that the following matters might need to be considered so as to help improve ISSAI 5520:
a. Risk evaluation associated with disaster management and disaster-related aid management. Post-disaster management, as described in ISSAI 5520, may need to include planning and housing recovery activities.
b. An audit process should be divided into three main activities, namely, planning, execution, and reporting. Furthermore, the details and expected output of each activity should be explained.
c. An audit design matrix is a very useful audit tool and serves as a platform for the conducting of audit work in the field. It can be applied to both performance and compliance audits.
d. Audit case studies should be updated to include more disaster-related audits.