Dimension 27.2. Timing, coverage and data requirements
Time period | Coverage | Data requirements/calculation | Data sources |
---|---|---|---|
At time of assessment, covering the preceding fiscal year |
CG |
|
|
Dimension 27.3. Advance accounts
DIMENSION MEASUREMENT GUIDANCE
27.3:1. This dimension assesses the extent to which advance accounts are reconciled and cleared. Advances cover amounts paid to vendors under public procurement contracts as well as travel advances and operational imprests.
In the case of public procurement contracts, clearing timelines will be compliant with contractual arrangements. Other clearing processes will follow national regulations.
27.3:2. Operational imprests include transfers for de- concentrated operations to decentralized agencies, extrabudgetary units, and subnational governments for expenditure undertaken on behalf of BCG and subject to detailed accounting and reporting to BCG
but not block grants/subsidies.
27.3:3. This dimension does not cover intergovernmental transfers even though these may be called ‘advances’. Transfers to subnational governments are dealt with under PI-7.
27.3:4. Complete, accurate, reliable, and timely information is essential to support the internal controls system. Information relevant to assessment of this dimension is produced by many information systems, encompassing people, processes, data, and IT. Those elements are dealt with under PI-23 for payroll and PI-25 for commitments and payments of non-salary expenditure.
27.3:5. When there are no advance accounts, this dimension is NA.
Dimension 27.3. Scoring
Score | Minimum requirements for scores |
---|---|
A |
Reconciliation of advance accounts takes place at least monthly, within a month from the end of each month. All advance accounts are cleared in a timely way. |
B |
Reconciliation of advance accounts takes place at least quarterly within two months from the end of each quarter. Most advance accounts are cleared in a timely way. |
C |
Reconciliation of advance accounts takes place annually, within two months from the end of the year. Advance accounts may frequently be cleared with delay |
D | Performance is less than required for a C score |
Dimension 27.3. Timing, coverage and data requirements
Time period | Coverage | Data requirements/calculation | Data sources |
---|---|---|---|
At time of assessment, covering the preceding fiscal year |
BCG |
|
|
| Pillar Six: Accounting and Reporting