The Board of the Chamber of Accounts holds next meeting
Add date: 2020-06-10

The Board of the Chamber of Accounts held the next meeting in video format. Several issues were discussed during the meeting.

 

Participants of the meeting firstly discussed the Opinion of the Chamber of Accounts of the Republic of Azerbaijan on annual report on the execution of budget of State Oil Fund of Azerbaijan for 2019. The Board decided to submit the draft annual report on the execution of SOF budget for 2019 to the State Oil Fund of the Republic of Azerbaijan for presenting to the Supervisory Board of State Oil Fund of the Republic of Azerbaijan after considering it as acceptable.

 

The Board discussed the implementation status of Work Plan for 2020, assessed the impacts of pandemic and made decisions on making changes to the Work Plan.

 

Besides, the Board discussed the Auditor report on the results of financial and compliance audit on the execution of funds allocated to the Fund for Support to Mass Media Development under the President of the Republic of Azerbaijan. The audit revealed shortcomings as non-compliance with the requirements of legislation on public procurement, failure to use the funds as targeted, violation of construction rules and norms and providing assistance to mass media by violating the law by officials. The Board decided to submit the material on revealed shortcomings to the Prosecutor General's Office of the Republic of Azerbaijan according to the Article 26.2 of the Law of the Republic of Azerbaijan on the Chamber of Accounts.