Any system should be judged not by its failures, but by its ability to predict and to prevent them. It is all about the ability to learn, to develop and to improve.
This is why the Internal audit office starts launches within the Ministry of Finance. It will be evaluating the effectiveness of the internal control system, progress in the achievement of targets set in the respective strategic and annual plans, planning and implementation effectiveness of budget programmes and dozens of other processes that make up the daily work of a huge mechanism known as the Ministry of Finance.
Recommendations prepared by the internal audit unit will serve as the basis of our development plans thus making our work even more effective.
The text of the Internal Audit Declaration signed today by Minister of Finance Oksana Markarova is available here.