Building awareness of Global Fund audits


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On 19 & 20 September, OIG welcomed its pool of external auditing consultants to Geneva, to discuss the evolving nature of OIG audits and how they can deliver maximum value to the Global Fund. During two days, the group explored issues including materiality, risk assessments, fraud triggers, evidence gathering techniques, documentation, and conflicts of interest.

“Learning about the Global Fund context through these presentations and discussions, and being able to exchange with peers, has been very helpful,” said Mark Ogbuabo, a PSM consultant from Nigeria. “I want to continue to play a part in OIG audits.”

“I understand now what the Global Fund Secretariat expects from an audit,” added Richard Matikanya from Kenya. “Also how OIG audits add value, and how their focus is evolving. It has given us a really clear understanding of what we’re doing.”

“Our network of auditing consultants provides invaluable specialist expertise,” said OIG’s acting Head of Audit, Daniel Petrescu. “We see them as partners, and as major contributors to OIG’s success.”