Thursday, 29 December 2011
Finance Committee Members Presented State Audit Institution Report on Audit Performed in 2011
Today, State Audit Institution (DRI) Council President Radoslav Sretenovic presented the DRI Report on audit performed in 2011 to the members of the National Assembly Finance Committee.
Presenting the summary of the audit contained in the Report, DRI Council President stressed that the Report covers the areas of audit findings of 47 audited subjects, among them the Audit Report on the draft law of the Republic of Serbia 2010 budget final account, which the DRI submitted to the National Assembly yesterday. Sretenovic added that the Report was completed conscientiously and professionally, with no obstructions by the subjects or pressure on the DRI.
The Report provides a good basis to monitor the expenditure of public funds and in 2011 the DRI has raised the audit scope by 300% compared to 2010. In addition to the draft law of the Republic of Serbia 2010 budget final account, the Report covered the final account and regulatory audit for 2010 of 14 local self-government units, annual financial reports and regulatory audits of eight ministries and two directorates within the Ministry of Finance, one agency and one fund within the Ministry of Environment and Spatial Planning, financial reports and regulatory audits for 2009 of three public enterprises, financial reports and regulatory audits for 2010 of 16 public enterprises, financial reports and regulatory audits for 2010 of the National Bank of Serbia, the part relating to the use of public funds and state budget transactions, financial reports and regulatory audits for 2010 of the Republic of Serbia Development Fund and the final account and regulatory audit for 2010 of the National Employment Service.
Sretenovic stated that, in the course of the audit, in each stage the DRI gave 47 opinions – to two audited subjects a positive opinion, to 39 audited subjects an opinion with reservations, and to six audited subjects it gave no opinion due to a lack of property inventory, discrepancies between ancillary books and registers and the main book, discrepancy between analytics and synthetics, discrepancy between demand and obligations and the DRI’s inability to gather other evidence to make an opinion. The subjects were given a 45 to 90-day deadline to remedy the discrepancies which could be remedied, added Sretenovic.
The Finance Committee members were pleased that the practice of presenting Reports to the Committee has continued and exchanged opinions with the Council President on the discrepancies perceived in the audited subjects, stressing the Finance Committee’s constant support of the DRI’s work.