MCYS receives a positive assessment for management of public finances
Report of the General Auditor for the Ministry of Culture, Youth and Sports for 2011 was published on Saturday, and he has highlighted the significant progress that is made in the management of public finances, by giving the unqualified opinion, which is the most positive report type and the highest positive evaluation that the General Auditor could give. The explanation for this opinion is decisively as follows:
"An unqualified opinion is issued when the auditor is satisfied in all material aspects such as:
a) financial statements are prepared by using acceptable basis and accounting policies which are implemented in a consistent way (sustainable);
b) the statements are in accordance with statutory requirements and relevant regulations;
c) the view presented in the financial statements is consistent with the auditor's knowledge about the audited entity;
d)it is an adequate disclosure of all material matters relevant to the financial statements. "
We welcome this assessment and also appreciate the fact that from the recommendations given to the Ministry of Culture, Youth and Sports in the previous report, 2 are fully accomplished and 4 others are in process of fulfilment.
Despite this positive assessment, the report has produced some weaknesses in procedural and administrative aspects, for which MCYS will work seriously to improve. We also want to note that in some assessments of the General Auditor regarding some activities of MCYS are not included explanations and comments given by management of MCYS, and there are evaluations completely unexplained by compilers.
MCYS wants to reemphasise that the work to implement the recommendations of the report of the General Auditor will continue with a high responsibility, and we shall undertake all necessary measures to continue the reform of administration, by making it more efficient, professional and more responsible, in the service of law and transparency.