Mali: Technical Assistance Report-Audit of the Expenditure Chain

May 30, 2014

Preview Citation

Format: Chicago

Mali: Technical Assistance Report-Audit of the Expenditure Chain, (USA: International Monetary Fund, 2014) accessed November 23, 2024

Also available in: français

Summary

This paper discusses key findings of the Technical Assistance report on Mali. The expenditure chain in Mali is vulnerable, even though it is organized along traditional lines and is subject to a number of controls. The process establishes the separation of the payment authorization officer and accountant and includes numerous exante verifications. The Auditor General identified shortfalls in the amount of CFAF 35 billion, or a little more than 3 percent of the 2012 budget, in 17 audits conducted. This report also focuses on the expenditure chain and its complexities and weaknesses, and makes 10 practical recommendations.

Subject: Budget execution and treasury management, Budget execution processes, Budget planning and preparation, Expenditure, Expenditure control, Public financial management (PFM)

Keywords: Appropriations consumption point of view, Authorization officer, Budget execution and treasury management, Budget execution processes, Budget planning and preparation, Capital expenditure, Cash payment, Control mechanism, CR, Expenditure control, Global, Government, Government supplier, Imprest account, ISCR, Malian government context, Pay, Payment, Payment authorization officer, Payment order, Payment procedure, Reform plan, Validation control, West Africa

Publication Details

Pages:

59
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2014/122
Stock No:

1MLIEA2014002
ISBN:

9781484391785
ISSN:

1934-7685

Notes

Also available in French

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports