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 PFF2 Assessment of Financial Circumstances 201415 2020

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countries around the world need a reliable way to ensure that they're making good choices on how they collect and spend public resources and the p f-- of framework has become the gold standard for assessing public financial management performance but once the decision is made to carry out a pious essman what actually happens an effective p fo assessment follows a 10 step process over four distinct phases to ensure that the end result is accurate and that it provides a reliable basis for action the first phase is planning the assessment governments and other stakeholders discuss the need for the assessment set out the requirements in the form of a concept note and start preparing for the assessment it is essential that the purpose and desired outcomes of the assessment are clear and all parties involved are directly engaged and committed to the process the second phase is fieldwork where the assessment is launched and all of the evidence is gathered and verified phase 3 is writi

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