Audit process and products

The Financial Audit unit has four audit products. The most important of these is annual audits of accounting agencies, which include ministries. These focus on compliance with the state budget and regulations concerning its application, the provision of correct and adequate information in financial statements and the proper arranging of internal control.

Audits of ministries also include performance management in the administrative sector. The audit of the state's financial statements focuses on the reliability of central bookkeeping, the state's annual accounts and uniformity in the financial statements of accounting agencies. The fourth category is special financial audits, whose subject, objectives, procedures and scope are determined individually for each project.

Financial audit tasks are constantly revised on the basis of risks. Through risk analysis, audit planning, individual audits and audit reports the National Audit Office arrives at statements that are presented in audit reports in a logical and traceable way.

Risk analysis and good audit planning ensure that audits focus on matters that are essential for the legality and propriety of the state's financial management and compliance with the state budget and are subject to risk. The scope of financial audits is defined according to good audit practice.