| The Country Financial Accountability Assessment (CFAA) is a diagnostic instrument designed to facilitate a common understanding by the country, the Bank and other development partners of the public and private sector financial accountability framework. In turn this enables the development of plans to address any issues identified. The CFAA also supports the Bank in the exercise of its fiduciary responsibilities by identifying the strengths and weaknesses of a country's financial arrangements and the risk that these may pose to the use of Bank funds. The CFAA is not an audit; it is not intended to and does not provide assurance on the specific uses to which Bank funds have been or may be applied. |
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