• Login
    • Library Home
    View Item 
    •   BracU IR
    • Brac Institute of Governance and Development (BIGD)
    • Masters in Procurement and Supply Management (MPSM) Program
    • Dissertation (Masters in Procurement and Supply Management)
    • View Item
    •   BracU IR
    • Brac Institute of Governance and Development (BIGD)
    • Masters in Procurement and Supply Management (MPSM) Program
    • Dissertation (Masters in Procurement and Supply Management)
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Effectiveness of procurement auditing conducted by FAPAD in ensuring accountability: a case study on a selected foreign aided project

    Thumbnail
    View/Open
    14282025_MPSM.pdf (1.812Mb)
    Date
    2014-12
    Publisher
    BRAC University
    Author
    Rahman, Khan Md. Ferdausur
    Metadata
    Show full item record
    URI
    http://hdl.handle.net/10361/6632
    Abstract
    The purpose of the present study is to assess the effectiveness of procurement auditing of Foreign aided projects in Bangladesh, in ensuring the accountability there of. Accountability is the essence of democratic form of government. As a developing country with limited resources, Bangladesh is largely dependent on foreign assistance for its national development. All foreign aid, loan or grant, are part of the consolidated fund of the republic. Therefore it is of utmost importance for a resource-scarce country like ours to maintain financial discipline for the optimum utilization of the borrowed money, which adds burden of debt on the future generation too. Accountability of aided projects is ensured through various GoB organizations. Audit conducted by Foreign Aided Projects Audit Directorate (FAPAD) is one such mechanism, the primary responsibility of which is to audit the aided projects and certify their accounts and issue reports to the donor agencies, besides the parliament and audited entities. The study area is thus FAPAD, which on behalf of the Comptroller and Auditor General (C&AG) of Bangladesh, carries out the assigned task. Needless to say, accountability enhancement in the public sector is a collective responsibility and each and every institution belonging to this partnership, namely, the parliament, the public sector and the audit institution, has to play their role effectively. Qualitative and quantitative data have been collected through content analysis and interviews of representatives from audit, auditees (project management and line ministry), development partners and members of PAC to record their views and opinions on the state of procurement audit effectiveness of donor funded projects in Bangladesh. The analytical framework is thus developed to examine the factors assumed to influence an effective procurement audit. It was observed during research that there are certain limitations that affect audit effectiveness of aided projects. Apart from putting forward some suggestions for the concerned audit directorate towards the best utilization of its resources, the present study is also expected to leave scope for the stakeholders of FAPAD audit reports (both preliminary reports and C&AG’s audit reports) to review their ownership in the chain of the accountability framework.
    Keywords
    Procurement auditing; Foreign aid; Aided project
     
    Description
    This dissertation is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2015.
     
    Cataloged from PDF version of thesis report.
     
    Includes bibliographical references (page 79-81).
    Department
    BRAC Institute of Governance and Development
    Collections
    • Dissertation (Masters in Procurement and Supply Management)

    Copyright © 2008-2019 Ayesha Abed Library, Brac University 
    Contact Us | Send Feedback
     

     

    Policy Guidelines

    • BracU Policy
    • Publisher Policy

    Browse

    All of BracU Institutional RepositoryCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    View Usage Statistics

    Copyright © 2008-2019 Ayesha Abed Library, Brac University 
    Contact Us | Send Feedback