Dec 19, 2024

Boosting Public Financial Management in Albania with the Advanced Training for Internal Auditors

The CEF, the Chartered Institute of Public Finance and Accountancy (CIPFA), and the Support for Improvement in Government and Management (OECD Sigma) have partnered to strengthen public financial management capacities in Albania. Together, they launched the Training of Internal Auditors in the Public Sector (TIAPS), aimed at enhancing Albania’s internal audit systems and supporting reforms critical to the EU accession negotiations.

This project aligns with the requirements of Chapter 32 of the EU accession negotiations, focusing on the improvement of internal controls. It addresses a critical aspect of Albania's public sector reforms, ensuring its internal audit practices meet EU standards and international best practices.

The training program has introduced an innovative professional qualification tailored for internal auditors in Albania’s public sector. The aim is to develop advanced skills, competencies, and knowledge that align with EU requirements and global standards. Developed in collaboration with the Albanian Ministry of Finance, regional experts, and local stakeholders, the program has strengthened Albania’s internal audit function by empowering both institutions and individuals.

The goal of the program has been to strengthen Albania’s internal audit capacities and provide public sector auditors with the tools they need to support Albania’s Public Internal Financial Control (PIFC) reforms. The TIAPS training consisted of four key modules focusing on Audit and Assurance, Good Governance, Managerial Accountability and Developing Strategy, Accounting and Performance Audit.

A central component of the training was the On-the-Job Training (OJT), which provided participants with the opportunity to apply their theoretical knowledge to practical scenarios. The OJT focused on two key topics: a) Quality Assurance and Improvement Program and b) Performance Auditing. The program’s success highlights the growing importance of internal audit in promoting good governance and strengthening the public financial management framework in Albania. This training represents a crucial step in improving Albania's internal audit capabilities and integrating public sector auditing into the broader context of the EU accession process.

The strong demand for this training highlights Albania’s commitment to improving governance and adopting international best practices into the country’s public sector management. As the project advances, a key focus is on embedding it within Albania’s legal and regulatory framework. The training’s success reinforces the importance of establishing partnerships with international stakeholders. We invite other governments and organizations to join us in this important effort to advance Albania's public sector financial management system.

The TIAPS program was made possible through the financial support of the Ministry of Foreign and European Affairs of the Republic of Slovenia via Slovenia Aid and Partnerships, and the Ministry of Finance of Slovenia. Additionally, the USAID provided funding for the OJT component.