National Audit Office of Lithuania (Lithuanian: Lietuvos Respublikos Valstybės kontrolė; literally, State Control) is the supreme audit institution in Lithuania, functioning as the independent auditor for the Parliament of Lithuania.
| Valstybės Kontrolė | |
 | |
 Headquarters | |
| Agency overview | |
|---|---|
| Formed | 16 January 1919 |
| Jurisdiction | Government of Lithuania |
| Headquarters | Pamėnkalnio g. 27, 01113, Vilnius |
| Agency executive |
|
| Website | valstybeskontrole.lt |
The National Audit Office is enshrined in the Chapter XII of the Constitution of Lithuania.[1]
History edit
The institution was established on 16 January 1919, as Lithuanian State Control Institution, when the first laws regulating the audit activities were adopted.[2] The modern institution was restored on 5 April 1990.
National Audit Office of Lithuania is a member of the International Organization of Supreme Audit Institutions since 1992 and a member of the European Organization of Supreme Audit Institutions since 1993.
Role edit
The primary objectives of the institution are:
- to examine whether the state finances, assets and other resources are used and managed lawfully and efficiently;
- provide recommendations and encourage more efficient and effective management and use of resources in the public sector.
The institution is regulated by the Law on National Audit Office 1995.[3]
The Budget Policy Monitoring Department (BPMD) was established in 2015 to monitor Lithuania's compliance with the rules and targets in the European Economic and Monetary Union.[4]
See also edit
References edit
- ^ "The Constitution of the Republic of Lithuania".
- ^ "Activities - History - Main Dates". National Audit Office of Lithuania. Archived from the original on 22 January 2021. Retrieved 16 January 2021.
- ^ "Republic of Lithuania, Law on National Audit Office, 30 May 1995". Office of the Seimas of the Republic of Lithuania. Retrieved 3 February 2021.
- ^ "Lithuania's Independent Fiscal Institution" (PDF). OECD. Retrieved 23 January 2021.