September 2011: AusAID Awards Cowater Contract to Support Internal Audit Strengthening in the Philippines
AusAID recently awarded Cowater a contract to assist the Philippines Internal Audit Service and the Department of Social Welfare and Development (DSWD) to strengthen internal controls and improve its practice in internal auditing and risk management.
Through this project Cowater will provide long-term technical assistance and capacity building expertise to support assessments of DSWD’s current internal control systems, and to develop and deliver training on local and international best practices, systems and processes as well as on relevant internal auditing laws and regulations. Additionally the Cowater team will provide support to its counterparts to formulate a 3-year Internal Audit Strategic Plan, an Internal Audit Annual Plan, and a Work Program for capacity development and systems enhancement on internal controls and internal auditing practices.
This project builds upon Cowater’s current and recent internal audit work in Nigeria, Rwanda, and India.