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Stepashin to press for new law on Russian Audit Chamber

January 11, 2013, 6:33 UTC+3
Adoption of a new version of the law on the Audit Chamber is one of its key objectives in 2013, Audit Chamber Head Sergei Stepashin said
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MOSCOW, January 11 (Itar-Tass) – Adoption of a new version of the law on the Audit Chamber is one of its key objectives in 2013, Audit Chamber Head Sergei Stepashin said.

In an interview with Rossiiskaya Gazeta published on Friday, January 11, Stepashin said the draft law includes all international financial control standards and has been integrated with the draft law “On Parliamentary Control in the Russian Federation” and amendments to the Budget Code and the Code of Administrative Offences.

The document also introduces a new procedure for nominating candidates for the post of Audit Chamber chairman, his deputies and auditors.

According to the authors of the draft law, the Audit Chamber will assess not only the legality and effectiveness of government agencies’ work to use budget resources but also achievability of strategic development goals and their results.

“Moreover, we will insist on retaining the right to audit state corporations, not only budget funds that go there,” Stepashin said.

“It is also important for us to be called as all other audit chambers in the world are called – the highest financial control body,” he added.

 

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