National Audit Office of Lithuania

National Audit Office of Lithuania (Lithuanian: Lietuvos Respublikos Valstybės kontrolė) is the supreme audit institution in Lithuania, functioning as the independent auditor for the Parliament of Lithuania.

National Audit Office
Valstybės Kontrolė
Agency overview
Formed16 January 1919
JurisdictionGovernment of Lithuania
HeadquartersPamėnkalnio g. 27, 01113, Vilnius
Agency executive
  • Auditor General
Websitehttps://www.vkontrole.lt/
Lithuania
This article is part of a series on the
politics and government of
Lithuania
Constitution
Executive
Legislature
Judiciary
Elections
Administrative divisions
Foreign relations
  • Ministers of Foreign Affairs

The National Audit Office is enshrined in the Chapter XII of the Constitution of Lithuania.[1]

Role

The primary objectives of the institution are:

  • to examine whether the state finances, assets and other resources are used and managed lawfully and efficiently;
  • provide recommendations and encourage more efficient and effective management and use of resources in the public sector.

The institution is regulated by the Law on National Audit Office 1995.[2]

The Budget Policy Monitoring Department (BPMD) was established in 2015 to monitor Lithuania's compliance with the rules and targets in the European Economic and Monetary Union.[3]

History

The institution was established on 16 January 1919, as Lithuanian State Control Institution, when the first laws regulating the audit activities were adopted.[4] The modern institution was restored on 5 April 1990.

National Audit Office of Lithuania is a member of the International Organization of Supreme Audit Institutions since 1992 and a member of the European Organization of Supreme Audit Institutions since 1993.

See also

References
  1. "The Constitution of the Republic of Lithuania".
  2. "Republic of Lithuania, Law on National Audit Office, 30 May 1995". Office of the Seimas of the Republic of Lithuania. Retrieved February 3, 2021.
  3. "Lithuania's Independent Fiscal Institution" (PDF). OECD. Retrieved January 23, 2021.
  4. "Activities - History - Main Dates". National Audit Office of Lithuania. Retrieved January 16, 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.