The information in the Ministry of Regional Development's accounts and budget for 2023 is reliable, as are the figures in the closing account
PRESS RELESASE ON AUDIT NO 23/20 – 23 September 2024
The Supreme Audit Office (SAO) audited the closing account, accounting and financial statements of the Ministry of Regional Development (MoRD) for the year 2023. The auditors also focused on the data submitted by the Ministry for the evaluation of the state budget implementation.
The closing account of the MoRD did not contain material misstatements.
The audit started during the 2023 financial year. The MoRD was therefore able to continuously correct the shortcomings identified by the auditors. The value of the shortcomings was material as the impact on the financial statements would have been CZK 2,651 million if the corrections had not been made. After the corrections were made, the MoRD prepared financial statements which, according to the SAO, give a true and fair view of the subject of the accounting, and presented data for the evaluation of the state budget implementation which, according to the SAO, are reliable.
The auditors found that the MoRD violated budgetary rules in two cases when it did not transfer state budget revenues to the state budget and instead kept them in the foreign funds account. According to the SAO, these are facts indicating a breach of budgetary discipline in the amount of CZK 15.6 million.
The measures taken to correct the shortcomings from the previous audit were fully implemented by the MoRD.
According to the SAO, the MoRD's internal control system can be considered effective in the audited areas.
Communication Department
Supreme Audit Office