The overall fiduciary risk in the Kenya Education Sector Support Programme (KESSP) was found to be High. The risks assessments were based on a combination of two previous Public Expenditure Financial Accountability (PEFA) assessments in 2006 & 2008; Education Sector-specific financial management assessments; and professional judgement.
The assessment reviewed public financial management accountability (PFMA) at the national level central processes before examining the Education Sector-specific issues. DFID's approach recommends that an assessment of the strengths and weaknesses of PFM systems be based on the PEFA methodology, which evaluates 28 high-level PFM indicators, grouped into six broad categories based on the budget cycle.
Kojo Oduro. Assignment Report: Fiduciary Risk Assessment (FRA) of Kenya Education Sector Support Programme (KESSP). HDRC, UK (2010) 92 pp.