Webinar from IFAC and DFID on the Expressions of Interest to partner with IFAC to deliver the professional accountancy organization (PAO) capacity building program.
WIPO magazine issue -1 - 2024 World Intellectual Property organization.
Professional Accountancy Organization Capacity Development Program: Expressions of Interest Webinar
1. Professional Accountancy
Organization Capacity
Development Program
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Expression of Interest
Webinar
October 17, 2014
3. DFID—Why the UK is supporting PAO
development?
• PAO—crucial ingredient of an effective accountancy
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profession
• Promoting professional conduct and practice
• Supporting economic development and strengthening of
national institutions
• Moving from aid dependency to building self-reliant
economies
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DFID—Why IFAC?
• Global reach
• Networks and convening power
• Holistic approach
• Consistency
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IFAC—Identifying the Global Need
60 nations without a PAO
sufficiently developed, ready
to join IFAC
Estimated cost to close the
gap US$100 million
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IFAC—Responding to the Global Need
• Identify and deliver on global advantage
– A natural facilitator
– A credible convener
– A trusted intermediary
– An influential voice
• Within a public interest mandate
7. IFAC—Responding to the Global Need
• Renewed strategic focus on global accountancy
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profession development
• Utilize knowledge about the accountancy profession
– Understanding of status of profession in +/- 200 countries
– Assessments of PAOs against SMOs
– Holistic methodology for sustainable PAO development
– Members experienced in PAO development
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PROGRAM APPROACH
9. Program Approach
• ₤4.935 million (including ₤500,000 contribution to IFAC
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program management cost) over 7 years
• Projects staggered; first projects to start in 2015—enables:
– Spreading of workload, and modifications based on experience
– Creation of PAO networks and peer-to-peer learning environment
– Utilization of learning networks and recent experience in country
selection
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Consistent Approach to Country Projects
Diagnostic
validation
Mobilization Launch
Monitoring
and
evaluation
Completion
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Methodology—3 Building Blocks, 9 Pillars
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GOVERNANCE
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Governance Structure
Programme Oversight Committee (POC)
1 IFAC representative (CEO)
1 DFID representatives
3 volunteers of whom 1 is a public member
Programme
Management Team
(PMT)
2 IFAC senior staff
2 DFID senior staff
Independent Selection
Panel (ISP)
3 volunteers of whom 1 is a
public member (2 alternates)
14. Programme Oversight Committee (POC)
• Ensures governance, transparency, economy, efficiency, and
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effectiveness of the programme
• Oversight of the implementation and operation of the programme
– Review diagnostic and approve country/project selection
– Approve resource distribution to selected countries/projects
– Approve criteria and process for partner organisation selection
– Review programme performance against key milestone based on quarterly
and annual reports on progress, risk management and finances
– Issue annual oversight report
15. • Ensures fair and transparent process for identifying and
selecting partner organisations
– Approves calls for expression of interest
– Approves selection of partner organisations for specific projects
– Reviews template contract(s) for partner organisations
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Independent Selection Panel (ISP)
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Programme Management Team (PMT)
• Responsible for implementing programme
– IFAC PMT members are responsible for day-to-day management
– DFID PMT members provide advice and serve as a sounding
board
17. Reporting
• IFAC quarterly and annual reports to DFID
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– Progress
– Risk management
– Finances
• Annual oversight report by POC
• Annual review by DFID
19. Process for Selecting Partner Organisations
• Developed in consultation with DFID, drawing on
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– World Bank guidance
– input from other experts
• Two-part approach
20. Accessible by all
Presented in an easy-to-use survey format
Selection criteria approved by POC (see
separate slide)
Selection of eligible partner organizations to
be approved by ISP
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Expressions of Interest
Stage 1:
Request for
Expressions of
Interest
Issued
September 30
2014
21. Expression of Interest
• Deadline is November 19, 2014
• Instructions for the Expression of Interest and the Terms of
Reference for the program are presented on pages 2 and
3 of the survey
• Questions can be submitted at any time to
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development@ifac.org.
22. RFP based on individual country project
plans
• Plans based on country needs
• Plans to be approved by POC
RFP issued to eligible partners
Reference checks
Selection of partner organizations to be
approved by ISP
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Request for Proposals
Stage 2:
Request for
Proposals
Q1 2015
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Proposed Criteria for Selecting Partner
Organizations
• Supports program objectives
• Understands PAO development
• Has experience in PAO
development
• Has access to qualified
individuals
• Demonstrates transfer of
knowledge
• Provides evidence of
successful delivery
• Demonstrates value for money
• Demonstrates CSR
• Has no conflict of interest or
litigation pending
• Long-term sustainability
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Proposed Criteria for Selecting Partner
Organizations
• Demonstrates support for
vulnerable groups
• Demonstrates commitment to
diversity
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COUNTRY SELECTION
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Considerations
• DFID partner countries
• Fragile and conflict states
• Regional inclusiveness
• Existence of “fertile ground”
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Fertile Ground Considerations
• Existence of champion(s)
• Accessibility of country stakeholders
• Existence of emerging PAO
• Ability of emerging PAO to take
responsibility / be accountable
• Existence of opportunities
28. Country Selection
• Accountancy profession at varying stages of development
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– Program to include mix of countries
• Diagnostic validation of +/- 10 countries in 2014
• 3-4 countries to be announced at WCOA 2014, and work
to start in 2015
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Two-part Diagnostic Process
• Part 1: Initial Country Scan
– Desktop research
– Review of IFAC knowledge
– Discussion with ROs and other stakeholders
– Review of development projects in country
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Two-part Diagnostic Process
• Part 2: Assessment and Project Scoping
– In consultation with emerging PAO
– Assessment against three building blocks
– Identification of major gaps and priority needs
– Project scoping
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Questions
32. • Organizations that are invited to participate
• All information is kept confidential
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Questions Received
33. Questions Received
• Clarifications regarding question 8, including:
– Role in project
– Dates for start and finish do not need to be specific
– Outputs/outcomes/impacts and evidence of satisfaction
– Other relevant information can be attached, but is optional
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• Correction to Question 11
– Eliminate third bullet on monitoring consultant’s work
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Questions Received
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Questions Received
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Questions Received
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Questions Received
38. Questions Received
• Revenue from Accountancy Profession Development work
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can be an estimate
• Uploading files
• Email development@ifac.org with any questions or
problems
39. Welcome to the IFAC webinar
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Questions?
To ask a question, type it here
Expressions of Interest Webinar – October
17, 2014
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Concluding Remarks