Latvia

Project description   Objective: The project aims to strengthen the functioning of the public Internal Audit system in Latvia. The project will also improve the professional capacity of public Internal Auditors and create an Internal Audit culture in the public administration, notably at local level. Results: Developing the Internal Control System and Internal Audit in local governments Implementing the Public Internal Audit Strategy 2023-2027 Implementing the reform of National Certification System of Internal Auditors in the public sector Strengthening the Internal Audit in the public administration with a focus on performance auditing; Strengthening the Internal Audit of Internal Control Systems of institutions responsible for the implementation of the National Recovery and Resilience Plan

Project description   Objective: Provision of technical support to strengthen the operation of the public internal audit system of the Latvian Ministry of Finance with the aim to initiate the transition from compliance audits to performance audits. The transition will subsequently provide more added value towards government efficiency, effective public resource management and accountability. Results: New strategy and an action plan for long-term development of public internal audit developed Modern national certification system of internal auditors in the public sector reformed Performance auditing in the Latvian public administration strengthened Importance of strong internal control system and internal audit in the public sector (including local government level) promoted