Buletin 3_4-2010 web.pdf - Curtea de Conturi a Republicii Moldova

The Lima Declaration of Guidelines on Auditing Precepts, adopted
at the Ninth Congress of the International Organization of Supreme
Audit Institutions (INTOSAI), determines „the audit in public financial
administration not as an end in itself but an indispensable part of
a regulatory system whose aim is to reveal deviations from accepted
standards and violations of the principles of legality, efficiency,
effectiveness and economy of financial management early enough to
make it possible to take corrective action in individual cases, to make
those accountable accept responsibility, to obtain compensation, or
to take steps to prevent – or at least render more difficult – such breaches”
.
Respecting the international rules cited above, only an effective
and permanent audit can secure proper management of public
funds, removal of irregularities, the fight against corruption, which
are all phenomena seriously affecting world economies .
Court of Accounts of the Republic of Moldova, as the supreme
audit institution, has an important role in improving public financial
management, including administration of funds allocated by international
donors, in promoting transparency and accountability, compliance
with financial and accounting discipline, in preventing and
combating economic frauds .
To ensure an effective and qualitative audit, the CoA continued
the process of rallying to the highest professional standards and practices,
carrying out reforms in the areas of institution strengthening,
staff development and ensuring effective communication of its activities
.
The primary objective of the Court of Accounts continues to be
the enhancement of the impact of audits performed by optimal use
of available resources and the mission of the CoA remains topical for
the future as well – conduct of independent, credible, transparent
and professional audits of the use of public financial resources for the
benefit of Moldovan citizens .
Ala Popescu,
president of the Court of Accounts
foreword
Ala Popescu,
president of the Court
of Accounts
3
The message of the president of the Court of Accounts