The World Bank Report No: ISR12680 Implementation Status & Results Indonesia Support to BPKP on Pilot Implementation of COSO Framework (P119831) Public Disclosure Copy Operation Name: Support to BPKP on Pilot Implementation of COSO Project Stage: Implementation Seq.No: 3 Status: ARCHIVED Archive Date: 15-Dec-2013 Framework (P119831) Country: Indonesia Approval FY: 2010 Product Line: Institutional Development Fund Region: EAST ASIA AND PACIFIC Lending Instrument: Implementing Agency(ies): BPKP Key Dates Board Approval Date 31-Mar-2010 Original Closing Date 09-Aug-2013 Planned Mid Term Review Date 31-May-2013 Last Archived ISR Date 04-Jul-2012 Effectiveness Date 09-Aug-2010 Revised Closing Date 09-Aug-2013 Actual Mid Term Review Date 30-Jun-2013 Project Development Objectives Project Development Objective (from IDF Proposal) Following the issuance of Government Regulation PP 60/ 2008 through which Government of Indonesia (GoI) has adopted COSO as its control framework, the proposed grant aims to assist BPKP in preparation of implementation strategy for PP 60/ 2008 (the COSO framework) and its piloting in select ministries. The preparation of strategy would involve receiving inputs from stakeholders and learning from implementation experiences elsewhere in the world, determining suitable approaches to implementation (pilots followed by scaling up or alternate approaches), determining training requirements on an ongoing basis for various types of staff, determining a suitable communications strategy and determining the need for technical guidance. The grant will also support COSO pilot implementation in selected ministries to ensure the strategy could be implemented effectively. BPKP expects to use the results of the grant to learn lessons for the roll out of implementation of PP 60/ 2008 to all the ministries and local governments in Indonesia. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Strategy Preparation 83550.00 Public Disclosure Copy All pilots have been completed 166450.00 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status Overview Page 1 of 3 The World Bank Report No: ISR12680 Since the last supervision in June 2012, there has been lots of progress. The final GICS Strategy already presented to BPKP management. Pilot implementations in 8 locations completed. This grant financed only 2 locations, while BPKP financed the rests. All project activities completed, in addition BPKP also agreed to do the following action plans as part of the ICR preparation: Public Disclosure Copy Locations No Location data has been entered Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Strategy preparation Text Value No strategy in place final strategy in place and has Strategy in place. been presented to BPKP Management. Date 30-Oct-2009 09-Aug-2013 09-Aug-2013 Comments Piloting COSO in selected line ministries Text Value No experience in Completed pilot Completed pilot implementing COSO implementation on COSO implementation on COSO framework framework in two line framework in two line ministries and 5 local ministries and local governments. government Date 30-Oct-2009 09-Aug-2013 09-Aug-2013 Comments Data on Financial Performance (as of 24-Oct-2013) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P119831 TF-96644 Closed 02-Aug-2010 09-Aug-2010 09-Aug-2010 09-Aug-2013 09-Aug-2013 Public Disclosure Copy Disbursements Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P119831 TF-96644 Closed USD 0.25 0.25 0.00 0.22 0.03 89.00 Disbursement Graph Page 2 of 3 The World Bank Report No: ISR12680 Public Disclosure Copy Key Decisions Regarding Implementation No. Action plan Due Date 1 BPKP GICS implementation strategy document agreed by BPKP December 31, 2013 2. Preventive actions to anticipate obstacles experienced during the piloting process will not happen again in the future as part of BPKP GICS implementation strategy. December 31, 2013 3 Report on all trainings taken during the project implementation, including (i) change management training, (ii) project management training and (iii) facilitation skills related to the use of CSA and CEE approaches in COSO Framework implementation. November 30, 2013 Restructuring History There has been no restructuring to date. Related Projects Public Disclosure Copy There are no related projects. Page 3 of 3