INTOSAI Privatisation Working Group PWG

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INTOSAI Privatisation Working Group (PWG)

• Working Group
• Developments

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Summary

• Working Group Remit
• Technical Case Examples
• Guidelines
• Guide to Privatisation
• Collaborative Working
• New Working Group name
• Reporting to INCOSAI
• Way forward

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Working Group Remit

• Set by INCOSAI in 2004
• Developing and submitting to the Governing Board
  sets of case studies which cater for differences
  between SAIs.
• Continuing to adjust guidelines in the light of
  experience.
• To carry out more training through the INTOSAI
  Development Initiative.
• To do joint studies with two or more SAIs doing
  joint reports on selected features of each
  others programmes.

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Technical Case Examples

• Three released last year
• Privatisation Conducting a flotation
• Privatisation Protecting the States interest
• PPP Accounting treatment for PPPs
• Are they useful?
• Two now updated
• Four more produced

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Technical Case Examples (cont.)

• Updates
• Accounting Treatment for PPPs
• Socio-economic and environmental impacts of
  privatisation
• New case examples
• Privatisation Appointing and managing advisors
• PPP Access Rights
• PPP Failed PPPs
• Regulation Improving the effectiveness of
  regulatory frameworks
• These are live documents

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Guidelines

• Updated guidelines on Audit of Public Private
  finance and concessions
• Assess proposals against alternative procurement
  approaches
• Focus on operational phase
• Correct accounting treatment
• Circulated for comment in September
• Currently being translated for presentation at
  INCOSAI in November

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Guide to Privatisation

• Collaboration with Russian Chamber of Accounts
  presented in draft at 12th meeting
• Guide to the stages of a privatisation with
  searchable definitions of terms
• Includes generic audit frameworks for auditing
  trade sales and flotations
• Now on Working Group website
• Converted to CHM file on CD

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Guide to Privatisation (cont.)
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Collaborative Working

• INTOSAI Collaboration Tool launched
• Default means of communication for member SAIs
• Dedicated e-mail addresses (oliver.lodge_at_intosaict
  ool.org)
• Discussion forums
• Collaboration on documents and reports
• Announcements
• Tasks

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Privatisation Working Group

• Dedicated workspace on Collaboration Tool
  (pwg_at_intosaictool.org)
• Will become the new Working Group website
• Working Group Products
• Means for members to communicate and collaborate
  on work
• Meeting information and announcements
• Network of Experts
• Guidance on tool in delegate pack

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Note You can access workspaces clicking on the
Workspaces Link.
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Note This is the workspace homepage. From this
page you can manage the entire workspace.
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2. Click on Technical Case Examples
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Network of Experts

• Resource for members to ask questions and discuss
  issues
• Based on collaboration tool using discussion
  forums
• Three broad areas
• Privatisation
• PPPs
• Regulation

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Network of Experts (cont.)
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2. Click the area you need help on
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New Working Group Name

• Discussed at 13th meeting due to widening of
  Working Groups focus
• Working Group on the audit of Privatisation,
  Economic Regulation and Public Private
  Partnerships
• Working Group on the audit of Private Finance in
  Public Services
• Working Group on the audit of Private Finance

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Reporting to INCOSAI

• Have made good progress on meeting current
  INCOSAI remit
• Suggested new remit
• Continue to adjust guidelines where necessary in
  the light of experience
• Strengthen and develop the existing series of
  technical case studies
• Develop the INTOSAI collaboration tool as a forum
  for members to share advice and expertise and to
  facilitate joint working

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Way forward

• Breakout Groups
• Three groups Privatisation, PPP and Economic
  Regulation
• What are current issues?
• What are the options for collaborative working?
• How can barriers to collaboration be overcome?
• Report back to meeting