National Audit Office started annual audit of Foundation

National Audit Office started annual audit of Foundation

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Auditors of National Audit Office of Lithuania began legality audit for management, usage and disposal of State budget’s funds assigned to Good Will Foundation in 2016. Auditors follow the performance plan of 2016 and the laws of State Control and The Foundation for Disposal of Good Will Compensation for the Immovable Property of Jewish Religious Communities.

The objective of audit is to estimate the legality of management, usage and disposal of State budget’s funds in 2016 and to announce an independent opinion.

Audit is performed according to the requirements of National Audit Office of Lithuania, International Standards on Auditing (ISA), and International Organization of Supreme Audit Institutions (INTOSAI).

Audit is planned to be finished on 10th February in 2017. Results of audit will be presented in the report of audit and an opinion on legality of management, usage and disposal of State budget’s funds will be presented in the conclusion of audit.