Internal Audit’s Unsung Role in Development
Strengthening internal audit through independence, adherence to international standards, and a risk-based approach can drive better governance, service delivery, and accountability.
Mikael R. Andersson
Financial Management Specialist, Procurement, Portfolio, and Financial Management Department, ADB
Mikael Andersson is a financial management specialist and development policy professional with over 12 years of experience in the development sector and international financial institutions. His expertise includes project and public financial management, development economics, governance, financial analysis, and risk-based approaches. He has contributed to projects and programs across Western and Central Africa, Eastern Europe, the Near East, Western and Central Asia, and South Asia. He holds a master’s degree in Economics from the Hanken School of Economics.
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Five Ways to Strengthen Public Financial Management Systems and Drive Reform
Public financial management systems in Asia and the Pacific face significant challenges, with many indicators falling short of international standards. Fixing these issues requires a strategic, transparent, and carefully timed approach to reform.