Public Disclosure Copy The World Bank Implementation Status & Results Report Capacity Development Support to the Commission on Audit (P154844) Capacity Development Support to the Commission on Audit (P154844) EAST ASIA AND PACIFIC | Philippines | Governance Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2015 | Seq No: 1 | ARCHIVED on 20-Jun-2016 | ISR24067 | Implementing Agencies: Commission on Audit Key Dates Key Project Dates Bank Approval Date:07-Oct-2015 Effectiveness Date:15-Feb-2016 Original Closing Date:31-Mar-2018 Revised Closing Date:31-Mar-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) Project Development Objective: To increase uniformity of practice of audit and assurance services provided by the Supreme Audit Institution of the Philippines (Commission on Audit) and promote its compliance with international audit guidelines and best practicesin the specialized area of disaster related activities Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  --  Satisfactory Overall Implementation Progress (IP)  --  Satisfactory Implementation Status and Key Decisions The grant is in its early stage of project implementation. The Terms of Reference for the required consultants are being finalized. Professional staff capacity development training plans and organization systems capacity development training plans are currently being developed. 6/20/2016 Page 1 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Capacity Development Support to the Commission on Audit (P154844) Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  Low  --  Low Results Project Development Objective Indicators PHINDPDOTBL Number of audits applying the revised IRRBA Manual which adopts additional ISSAI requirements. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 0.90 Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 PHINDPDOTBL Number of audits utilizing specialized procedures in the audit of disaster related transactions (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 0.50 Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 Overall Comments 6/20/2016 Page 2 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Capacity Development Support to the Commission on Audit (P154844) Intermediate Results Indicators PHINDIRITBL Number of auditors trained on level 4 ISSAI and the iCATs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 200.00 Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 PHINDIRITBL Number of assessments conducted using the iCATs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 115.00 Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 PHINDIRITBL Number of auditors trained in the conduct of audit of disaster related funds (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 200.00 Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 PHINDIRITBL Approval by the Commission Proper of a specialized audit manual as a guide for the audit of disaster related funds (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 17-Aug-2015 -- 14-Jun-2016 31-Mar-2018 6/20/2016 Page 3 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Capacity Development Support to the Commission on Audit (P154844) PHINDIRITBL Approval by the Commission Proper of the revised IRRBA Manual which adopts Level 4 ISSAI requirements. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value -- -- N Y Date -- -- 14-Jun-2016 31-Mar-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P154844 TF-A1162 Effective USD 0.28 0.28 0.00 0.00 0.28 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P154844 TF-A1162 Effective 26-Oct-2015 15-Feb-2016 15-Feb-2016 31-Mar-2018 31-Mar-2018 Cumulative Disbursements 6/20/2016 Page 4 of 5 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Capacity Development Support to the Commission on Audit (P154844) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/20/2016 Page 5 of 5 Public Disclosure Copy