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IRW Briefing: Audits Find More Irregularities and Mismanagement of Iraq’s Revenues

This briefing from the Open Society Iraq Revenue Watch reviews the latest audits by the International Advisory and Monitoring Board for Iraq and the Coalition Provisional Authority Inspector General (CPA-IG), both of which reveal hundreds of irregularities in the U.S.-led occupation authority's management of Iraqi revenues, and identify serious weaknesses in Iraq's financial management systems.

These audits and others show that the legacy of CPA accounting practices is a poor model for present and future Iraqi governments. It represents a failure to demonstrate by example the importance of transparent and responsible management and expenditure of public revenues.

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