The 2008 statement of balances of the Ministry of Education consistent and in conformity with the law
Press Release – October 29, 2009
From March to August 2009, auditors from the Supreme Audit Office (SAO) performed an audit that aimed at the 2008 statement of balances that was submitted by the Ministry of Education as a source for the 2008 closing account of the state budget chapter 333 – Ministry of Education. The object of the audit was to examine the statement’s consistency with respective regulations and conformity with law.
The Ministry’s 2008 statement of balances included several inaccuracies. As stated in the INTOSAI Auditing Standards, the highest accepted rate of shortcomings should not make more than 1 % of the relevant year’s financial activities of the accounting entity. In case of the Ministry, the financial activities in 2008 were worth about CZK 118.9 milliard. The actual shortcomings amounted to CZK 130 million, while the highest accepted amount of shortcomings would be some CZK 1.189 milliard.
“The Ministry missed out the screening control and control ex post as postulated within the corrective measures that had followed auditing operation No. 08/10. Auditors revealed that inventory shortcomings and inconclusive account records reappeared in 2008“, said president of the SAO František Dohnal.
The auditing operation was included into the 2009 Audit Plan of the SAO under No. 09/07. Jaromíra Steidlová, Member of the SAO Board, controlled the operation and prepared the audit report as well.
|The determination of the highest accepted rate of shortcomings of the accounting entity
|Accepted amount of shortcomings
|Shortcomings in total
|1 % of the financial activities of the year
Bc. Radka Burketová
Supreme Audit Office