PEFA: M4 - Good Practices in Applying the PFM

Guidance for Assessment Planners and Managers

This document, along with "The Assessment Process, Stakeholders Involvement & Quality Assurance" and "Enhanced Quality Assurance Mechanism for PEFA Assessments", make up the forth of eight modules belonging to the methodological course: Introduction to Public Expenditure and Financial Accountability Assessment (PEFA).

This note provides guidance on the process of undertaking a PFM assessment based on the PEFA PFM Performance Measurement Framework (‘the PEFA Framework’). The note is aimed at any stakeholder that may need and consider conducting a PEFA based PFM assessment and seeks guidance on how to go about this.