The Board of the Chamber of Accounts holds next meeting
Add date: 2017-12-13

The Board of the Chamber of Accounts discussed and approved the draft budget of the State Oil Fund of the Republic of Azerbaijan for 2018 in the meeting.

 

The opinion was prepared according to the Article 27.7 of the Law on “Budget System” of the Republic of Azerbaijan, Article 2 of the Law of the Republic of Azerbaijan “On the Chamber of Accounts”, paragraph 4.1 of the” Rules on the preparation and execution of the annual program of revenues and expenditures (budget) of the State Oil Fund of the Republic of Azerbaijan”. The opinion covered detailed information about revenues and expenditures of the Fund for 2018.

 

Draft Strategic Development Plan of the Chamber of Accounts of the Republic of Azerbaijan was thoroughly discussed and approved in the meeting. Strategic Development Plan covers 2018-2020 and aims to realize 5 Strategic Goals. It was stated in the meeting that, having Strategic Development Plan by Supreme Audit Institutions is the requirement of Standard of International Organization of Supreme Audit Institutions (ISSAI 12), intended goals are improvement of opinions and reports of the Chamber of Accounts, implementation of new audit methods, expanding of normative-legal base, capacity building and strengthening of collaboration with interested partners and international organizations.

 

The Board of the Chamber of Accounts also approved Work Plan for 2018 of the Chamber of Accounts of the Republic of Azerbaijan.