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Published Audit Report on Financial Statement of the Public Procurement Administration for 2015

Podgorica, 17th June 2016 – The State audit institution has performed audit of the Financial statement the Public Procurement Administration for 2015.

Based on conducted audit, determined factual state and upon the consideration of the audited entity's opinion on Preliminary Audit Report, the competent Auditing Board of the SAI comprising of Milan Dabović, PhD (President of the Senate – Head of Auditing Board) and Mr. Nikola Kovačević (member of the Senate – member of the Auditing Board), has given an unqualified opinion with emphasis of matter with regards to financial audit and a qualified opinion on regularity audit.

With regards to unqualified opinion on financial audit, the State audit institution has recommended to the Public Procurement Administration to execute payments and keep records of the expenditure in line with the Rulebook on the Unique Classification of state budget, state funds and local self-government units and to use the funds within the spending limits prescribed in Article 40 of the Law on budget and fiscal responsibility.

The regularity audit has established that the Public Procurement Administration had not complied financial transactions and other activities in all material aspects with the laws and other regulations which were identified as criteria for a given audit.

The final audit report on Financial Statement of the Public Procurement Administration for 2015 has been officially published at the web site of the State audit institution.

Excerpt from the Published Audit Report on Financial Statements of Public Procurement Administration for 2015

Published Audit Report on Financial Statements of Public Procurement Administration for 2015 (mne)