Financial Auditing Act yet to be adjusted to legal requirements of the European Union
From March to November 2009, auditors from the Supreme Audit Office (SAO) audited funds utilized for implementation of the Single Programming Document – Objective 2 (SPD 2). Out of approximately CZK 2.8 milliard, which were allotted for individual projects included into the SPD 2 within the period from 2004 to 2008, auditors focused on funding achieved through the state budget and European Regional Development Fund, which amounted to some CZK…
