Exploring the Accountability of Development Cooperation Projects by the Supreme Audit Institution of India

Abstract

newlineSupreme Audit Institutions (SAIs) in their respective countries form one of the newlineimportant accountability institutions through their public sector audits. Development newlineCooperation Projects funded by different donor agencies are executed in the developing newline newlinecountries through the respective countries governments or other government/ non- newlinegovernment agencies. As part of the commitment of the donor agencies to using country newline newlinePublic Financial Management (PFM) systems, they need to place reliance on audits by SAIs newlinefor ensuring accountability in the use of development cooperation funding. This research has newlineexplored the relationship between development cooperation, accountability and audit by newlineSAIs. newline newlineAfter rigorously reviewing the literature related to the key words like: newlineAccountability, SAI, development co-operation projects the study identified the research newlinegaps by systematic literature review process. With this review, three objectives emerged for newlineanalysis and discussion such as: determination of contribution of the audit mechanism of newlineSAI India on the accountability of development cooperation projects, to understand the newlinedifference between audits conducted by SAI India and audits conducted by private audit newlineprofessionals in development cooperation projects and the last was to examine the perception newlineof experts and practitioners in understanding the contribution of SAIs audits towards newlineaccountability in development cooperation projects.