The Board of the Chamber of Accounts holds next meeting
The Board of the Chamber of Accounts of the Republic of Azerbaijan discussed the Opinion of the Chamber of Accounts with regard to draft budget of State Oil Fund of the Republic of Azerbaijan for 2020.
Draft Budget of State Oil Fund for 2020 as well as main directions (program) of use of funds of the Fund in 2020 and draft expenditure estimate on Fund Management in 2020 were considered acceptable and it was recommended to send relevant draft Decree on their approval to State Oil Fund for presenting to Supervisory Board of State Oil Fund of the Republic of Azerbaijan.
The Board also discussed the Auditor Reports on the following control activities on:
- State of administration at territorial tax department 12 of the Ministry of Taxes of the Republic of Azerbaijan;
- Use of funds allocated from the state budget to Sabunchu rayon Executive power Office;
-Financial statements for 2017-2018 of the Ministry of Culture of the Republic of Azerbaijan.
The Board made relevant decision on each Auditor Report. To provide the execution of those decisions it was decided to send Board decision and Auditor report to relevant state bodies and information on audit results to Milli Majlis of the Republic of Azerbaijan.
The Board also discussed and approved the program related to external public financial control considered in the Work Plan, changes in the program on one external public financial control, due to acceptance of “Rules on Execution of Affairs on Administrative Offenses by the Chamber of Accounts of the Republic of Azerbaijan” approved by decision №137, October 11, 2019 of the Board of the Chamber of Accounts adjusting of other methodological documents of the Chamber to those rules as well as draft “Reference on legal analysis of auditor reports and Board decisions”.