State Audit Institution submits Report on Operations for 2013 to National Assembly of Serbia

The State Audit Institution has delivered its Report on Operations for 2013 to the National Assembly of the Republic of Serbia.

The Institution has informed the National Assembly, via this Report, on execution of the Annual Audit Program for 2013, opinions provided, irregularities detected, audit effects, issued recommendations and initiatives for changes of the regulations, it is said in a release on the website of the State Audit Institution.

Having completed audits in 2013, the State Audit Institution has issued 66 reports.

State Audit Institution has issued 1,081 recommendations to auditees.

Total of 262 recommendations have been issued in the area of expenses and expenditures, 139 recommendations for balance sheet and 248 recommendations for improvement of financial management system. Significant number of recommendations has also been issued in the area of public procurement, totaling 87 recommendations, in the area of assets and liabilities - 56, revenues and receipts - 38, preparation and adoption of budget, and/or financial plans - 26 and assuming of obligations - 17 recommendations.

The Institution filed 208 requests for initiating misdemeanor proceedings due to determined irregularities, along with 18 charges for economic offenses and 51 criminal charges.

Financial reports for 2012 included public expenditures and expenses totaling 2,683 billion dinars.

With regard to financial statements, the state auditors have expressed five positive (clean) opinions, 59 qualified opinions, and disclaimers of opinion were issued with regard to two financial statements.

This is the seventh Report on Operations, which the Institution has delivered to the National Assembly, since its establishment in 2007.

Report on Operations of the State Audit Institution for 2013 is available at the website of the Institution.

To view it, click HERE.