Czech Republic keeps the time when implementing financial arrangements of European economic space and Norway
Press Release
June 21, 2007
Auditors from the Supreme Audit Office (SAO) focused on financial management of funds provided to Czech Republic from the viewpoint of keeping the finality and effectiveness rules of their use.
The audited period was period from 2004 to 2006, including associated data from the following time and till the end of the audit. The audited body was Ministry of Finance (MF).
In some cases, auditors found insufficiencies of the requests evaluation process within the frame of Appeal No. 1. “The insufficiencies mostly involved incompleteness of the evaluation reports, absence of some committee members during the evaluation process, and poor sense of awe when ranking the claims according to the gained points. As the audit report reads, a sound financial implementation was not yet compromised during the requests evaluation,” said František Dohnal, president of SAO.
Rising demands on public budgets can influence the range of co-financing (c. 37 %), which is already caused by the exchange difference. “When comparing Czech Republic with other states, that receive the financial resources from the financial arrangements of European Economic Space and Norway, we can say that Czech Republic keeps the time with their implementation,” said Dohnal.
The auditing operation was included in the Annual Audit Plan of SAO for the year 2006 under No. 06/33. Zdeněk Brandt, Member of the Board, controlled the auditing operation and drew up the audit report as well.
Radka Burketová
Press Speaker
Supreme Audit Office