Banner

Published Audit report of the Annual financial statement of the PI Vocational School „Police academy“ for 2018

Podgorica, 8th July 2019 – The State audit institution has conducted a financial and regularity audit of the PI Vocational School „Police academy“ for 2018.

By the Financial audit of the Annual financial statement of the PI Vocational School „Police academy“ for 2018, the competent Auditing Board of the SAI has gained reasonable assurance that the Statement gives a true and fair view of the recorded revenues and expenditures in accordance with generally accepted financial reporting framework for the public sector.

The regularity audit of the PI Vocational School „Police academy“ for 2018 has identified non-compliance of its operations with the following: Law on budget and fiscal accountability, Law on state property, Law on contributions for mandatory social insurance, Law on public internal financial controls and Rulebook on unified classification of the Budget of Montenegro and Municipal budgets.

Based on the conducted audit, established facts and opinion of the audited entity on the Preliminary audit report of the SAI, the competent Auditing board composed of PhD Branislav Radulović (member of Senate– leader of Auditing Board) and Mr. Radule Žurić (member of Senate– member of Auditing Board), has expressed unqualified opinion on the Annual financial statement for 2018 and qualified opinion on compliance of the operations of the PI Vocational School „Police academy“ with the regulations.

The final Audit report of the Annual financial statement of the PI Vocational School „Police academy“ for 2018 has been published at the official web site of the SAI.