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The State audit office of the Republic of Croatia expressed unqualified opinion on the audit of the Annual financial statement and compliance of the operation of the SAI of Montenegro for 2020

Podgorica, 30th July 2021 - The State audit office of the Republic of Croatia has performed audit of the Annual financial statement and compliance of the operations of the SAI of Montenegro for 2020 in accordance with the rules and procedures defined by the Framework of professional principles, standards and guidance of the International organization of supreme audit institutions (INTOSAI) and Professional code of ethics for state auditors.

In accordance with the principles of transparency and accountability of the International organization of supreme audit institutions, the audit of the annual financial statements and operations of the supreme audit institutions may be performed by other supreme audit institutions that are full members of INTOSAI and EUROSAI.

The State audit office of the Republic of Croatia has been a full member of the International organization of supreme audit institutions (INTOSAI) since 1994 and of EUROSAI since 1996. As a member state of the European Union from 2013, the Republic of Croatia has nominated its representative as a member of the European court of auditors - as an independent external auditor of the European Union with the role of verifying accuracy of collection and use of EU funds and contributing to better EU financial management.

The State audit office of the Republic of Croatia has expressed unqualified opinion on the Annual financial statement and unqualified opinion on the compliance of the operations of the SAI of Montenegro for 2020. According to the opinion of the State audit office, the financial statements of the Institution for 2020 have been prepared in all material aspects in accordance with the prescribed financial reporting framework. The operations of the State audit institution for 2020, in all material aspects, have been performed in accordance with laws, other regulations and internal acts, which are defined as criteria for expressing opinion.

The final Audit report of the Annual financial statement of the SAI of Montenegro for 2020 has been published at the official web site of the State audit institution of Montenegro.