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Published Audit report of the Annual financial statement of the Labour Fund for 2018

Podgorica, 25th June 2019 – The State audit institution has performed audit of the Annual financial statement of the Labour Fund for 2018.

Based on the established facts and opinion of the Labour fund to the Preliminary audit report, the competent Auditing Board composed of a member of Senate, Mr. Radule Zuric – leader of Auditing Board and a member of Senate, Mr. Zoran Jelic – member of Auditing board has expressed unqualified opinion on the Annual financial statement and unqualified opinion on compliance of the business operations of the Labour fund for 2018.

Financial audit of the Annual financial statement of the Labour fund for 2018 has found that the financial statements of the Labour fund for 2018, in all material aspects are prepared in line with the prescribed financial reporting framework and do not contain any material errors.

Regularity audit has determined that the business operations related to the procedures and decision-making process are fully in compliance with the legal, general and sub-legal acts governing adoption of the legal acts and public spending.

The final Audit report of the Annual financial statement of the Labour Fund for 2018 has been published at the official web site of the SAI.