EDRC has developed the following checklist
for reviewing RRPs. Items resulting in 'NO' answers should be resolved
to the financial analyst's satisfaction. When reviewing projects,
it is important to review the lessons learned from the past. In
this respect, the first section of the checklist (lessons from past
projects) provides guidance on the issues that should be examined.
The remaining sections apply to the project under appraisal.
7.6.1. Lessons from Past Projects
Yes
No
(a)
Were
finance-related covenants met (for instance, revenue-generating
targets, following up on agreed financial restructuring, adhering
to expected financial ratios etc)?
(b)
Were
counterpart funds made available on a timely basis?
(c)
Were
adequate funds made available for operations and maintenance
(O&M)?
(d)
Were
Financial Statements and Auditor Reports submitted in a timely
manner?
(e)
Were
Auditors' Reports unqualified?
(f)
Was
there an absence of weaknesses in handling finances or in procurement?
(g)
Were
onlending and relending activities free of problems?
(h)
Were
capacity-building programs effective in relation to financial
management?
Back 7.5. International Accounting and Auditing Architecture
Publications 
Top of page
Back