The National Audit Office has audited the final central government accounts and the Government’s annual report for 2020. The aim of the audit was to examine whether the final central government accounts have been prepared in compliance with the regulations and whether the budget and budget provisions have been followed. In addition, the National Audit Office also examined whether the Government reports on the state of central and general government finances and on the operational performance in its annual report as required by law.
The financial audit shows that the final central government accounts for 2020 have been prepared in compliance with all relevant provisions. Based on the financial audits, the National Audit Office pays attention to procedures that are in violation of the state budget and the key budget provisions.
The Government’s annual report provides information in material respects on the issues required by law. It provides comprehensive information on the implementation of the key objectives included in the Government Programme. The societal impact targets included in the budget proposal are reported on sufficiently. However, the targets set are unclear, and the use of indicators is limited, which undermines the reliability of the reporting and the information value of the report.
As a rule, the Government’s annual report deals with general government finances comprehensively. The amount of overlapping information in the Government’s annual report and the Ministry of Finance’s risk overview should be reduced.
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