Title:Capacity Building for Public Sector Auditing Project
Budget:579,383 EUR
Country:Armenia
Dates: February, 2014 - November, 2015
Partner: PHP Audit CJSC
Funding:World Bank

The Republic of Armenia received financing from the World Bank towards the cost of the Grant for Capacity Building for Public Sector Auditing and intends to apply part of the proceeds for consulting services.
The main objective of this assignment is to provide institutional capacity building support to the Chamber of Control of the Republic of Armenia (CoC). The aim specifically is to create and provide an opportunity for performing comprehensive financial and compliance audits in conformity with INTOSAI (ISSAI) standards and in line with the best practice in the European Union.
In particular, with this assignment the CoC wishes to have a practical and useful methodology necessary for performing complete financial and compliance audits, a trained team with knowledge and skills conforming to the INTOSAI standards and pilot financial and compliance audits in line with INTOSAI standards, as well as the best practice in the European Union.