19.2 Revenue risk management

• Information on the procedures and approach used by entities collecting central government revenues to assess and prioritize compliance risks; and whether it covers (i) all categories of revenue; (ii) key payer segments (at a minimum, medium and large revenue payers); and (iii) payers’ four main obligations

• Documented risk management approach used by revenue authorities to assess and prioritize compliance risks

• A register of identified compliance risks for each payer segment (and for large- and medium-sized payers at a minimum)

• (The best information sources are the entities collecting most or the majority of central government revenue.)

19.3 Revenue audit and investigation

• The existence of a compliance improvement plan for each revenue-collecting authority or major revenue measure

• Data on the extent to which audit and fraud investigations are managed and reported on according to a documented compliance improvement plan

• The completion rate of audit and fraud investigations (i.e., a comparison of those planned and those conducted)

• Documented compliance improvement plan

• Status reports on progress in the implementation of planned risk-mitigation activities and audit and fraud investigations

• (The best information sources are the entities collecting most or the majority of central government revenue.)

19.4. Revenue arrears monitoring

• The stock of revenue arrears at the end of the last completed fiscal year.

• The total revenue collection for the same year.

• The revenue arrears older than 12 months at the end of the last completed fiscal year

• Revenue collection authority records such as a documented report on (i) the stock of revenue arrears; and (ii) revenue arrears older than 12 months

20.1 Information on revenue collections

• Evidence that information is received on all revenue by a central agency, through systems or separate reports

• Reports on revenue are organized by the central agency that receives information from collecting entities

• Entities/revenue authorities collecting CG revenue

• Treasury or other designated revenue recipients

• Central bank