National Audit Office of Lithuania
| Valstybės Kontrolė | |
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| Agency overview | |
|---|---|
| Formed | 16 January 1919 |
| Jurisdiction | Government of Lithuania |
| Headquarters | Pamėnkalnio g. 27, 01113, Vilnius |
| Agency executive |
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| Website | https://www.vkontrole.lt/ |
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|---|
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National Audit Office of Lithuania (Template:Lang-lt) is the supreme audit institution in Lithuania, functioning as the independent auditor for the Parliament of Lithuania.
The National Audit Office is enshrined in the Chapter XII of the Constitution of Lithuania.[1]
Role
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.[2]
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.[3]
History
The institution was established on 16 January 1919, as Lithuanian State Control Institution, when the first laws regulating the audit activities were adopted.[4] 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.
See also
References
- ^ "The Constitution of the Republic of Lithuania".
- ^ "Republic of Lithuania, Law on National Audit Office, 30 May 1995". Office of the Seimas of the Republic of Lithuania. Retrieved February 3, 2021.
- ^ "Lithuania's Independent Fiscal Institution" (PDF). OECD. Retrieved January 23, 2021.
- ^ "Activities - History - Main Dates". National Audit Office of Lithuania. Retrieved January 16, 2021.