Cowater International Inc.

Published purpose

This project aims to strengthen public accountability in Cuba by improving the ability of the Cuban government to build transparent financial and economic management. The project aims to introduce modern auditing approaches and techniques based on Canadian and international models. The project supports the decentralization of the audit function across Cuba in order to increase its effectiveness. The project seeks to train a new cadre of auditors to international standards enabling them to contribute significantly to strengthening institutional accountability in Cuba. Greater public financial accountability is key to reducing the risk of fraud and corruption during Cuba’s economic reform from centralized control to greater liberalization. Key project activities include: (i) providing practical and theoretical training (courses, workshops, lectures) to auditors within the National Audit System on audit methodologies, supervision and control practices; and (ii) providing training and technical assistance to the Office of the Comptroller General of Cuba and its auditors to certify them in accordance with international standards.