UK Overseas Territories Project

The UK Overseas Territories Project is a three-year programme of support for public financial management.

CPA UK, in consortium with the UK National Audit Office (NAO) and the UK Government Internal Audit Agency (GIAA), and funded by the HMG-wide Conflict, Stability and Security Fund (CSSF), works with partners in the UK and Overseas Territories to deliver a series of activities focused on providing technical assistance, training and mentoring to support and encourage effective public financial management. 

The Project focuses on three areas: internal audit; external audit; and parliamentary oversight of public finances. The Project has agreed programmes of activities in place with each relevant Territory, working in partnership on priority areas.  

The graphic below outlines different activities for the three areas:

Recent activities

UK Overseas Territories Project Annual Review '17-'18

The UK Overseas Territories Project Annual Review ’17-’18 gives an overview of key activities and highlights from the last year. Read it here.

NAO Specialist Audit: Planning Workshop, Miami, USA, 17-20 April 2018

The UK NAO is providing remote support to all UKOTs with External Audit Offices on specialist audit. As part of this support, the UK NAO conducted a planning workshop for a collaborative, specialist audit. Read the report here.

Bermuda PAC Visit to Westminster and Cardiff, Westminster & Cardiff, 29-31 January 2018

The Chair, Members and Clerk of the Public Accounts Committee of the Parliament of Bermuda participated in a programme focusing on public financial oversight and scrutiny at the National Assembly for Wales, Cardiff, and the Houses of Parliament, Westminster. Read the report here.

Montserrat PAC Workshop, Brades, Montserrat, 8-10 November 2017

CPA UK partnered with the Montserrat Legislative Assembly to organise a Public Accounts Committee (PAC) Workshop for PAC Members and associated stakeholders. Read the report here.

Upcoming activities

UKOTP Oversight of Public Finances Forum 2019

The 2nd Forum of the UK Overseas Territories Project led by CPA UK in partnership with the UK National Audit Office (NAO) and the Government Internal Audit Agency (GIAA) will bring together key stakeholders from PACs, Internal and External Audit offices from across the UK Overseas Territories. The Forum will explore progress in Territories to date, address some of the common challenges faced by PACs, Internal and External Audit agencies and set the foundations for long-lasting changes.

Clerk attachments to PACs of Bermuda and Cayman Islands

Clerk attachments present an opportunity for PACs to work directly with experienced Clerks from other legislatures to explore new ways of working or addressing specific challenges. Attached Clerks get a close insight into their host PAC’s current work processes and collaborate with the PAC Chair, Clerk, and Members to focus on their priority issues.

Montserrat Pilot Audit

Pilot Audits involve direct support to assist an audit office to undertake and complete a major financial audit.  This includes technical advice on matters such as application of auditing standards and the nature of the audit opinion on the accounts.  

GIAA mentoring of Virgin Islands (UK) through Internal Quality Assessment

As part of the Internal Audit stream of activity within the UK Overseas Territories Project, the GIAA is conducting Internal Quality Assessments (IQA) of Internal Audit Offices of some UK Overseas Territories.