State Audit Institution met with the members of the Committee for Finance, Republic Budget and Control of Public Funds' Spending of the National Assembly of the Republic of Serbia, and members of the Committee on Budgetary Control of the European Parliament, and discussed results of the implemented Twinning Project "Strengthening Capacities of the State Audit Institution".
Mr. Radoslav Sretenović, President of the State Audit Institution, presented the project, which lasted 29 months and which was implemented from October 2012 until March 2015. It was wasfunded by the European Union in cooperation with the SAI of Netherlands as the senior partner and SAI of United Kingdom as the junior partner, with participation of experts from theSlovenian Court of Audit and Swedish National Audit Office.
The project included four components: legal framework, organizational development, audit enhancement and stakeholder engagement.
Within the component titled - Communication with Stakeholders, Guidelines were prepared for relations with the Parliament, auditees and media. As a result of the Project, relations were strengthened and intensified with the Committee for Finance, Republic Budget and Control of Public Funds' Spending and Subcommittee for Reviewing Audit Reports of the State Audit Institution.
Dr. Aleksandra Tomic, Chairperson of the Committee for Finance, Republic Budget and Control of Public Funds' Spending, presented a very good cooperation between the Committee for Finance and SAI, particularly highlighting the significance of the newly-established Sub-Committee for SAI Audit Reports Review, thematic meetings between members of the Subcommittee and the President of SAI and Supreme State Auditors, in order to acquaint members of the Subcommittee with specific audit reports and to propose adequate solutions that the Subcommittee, in the form of recommendations and measures, will submit to the the Committee for reviewing and adoption. It is also emphasized that there is an excellent cooperation between SAI and Committee for Finance on other projects jointly participated by the two parties.
In June 2015, the Committee and SAI signed a Memorandum of Understanding, which defines main directions of the future cooperation: continuous improvement of relations in the area of financial control of the government, exchange of information, provision of assistance to members of the Committee in understanding the nature and significance of audit findings, organizing education for the members of the Committee, strengthening capacities of the Committee's units, holding periodic meetings between the members of the Committee, and/or Subcommittee and representatives of SAI, in order to discuss certain issues relevant for SAI work.
The fact assessed as very important is that the Delegation of the European Parliament, Committee on Budgetary Control of the European Parliament, allocated time to speak to representatives of SAI and members of the Committee for Finance, Republic Budget and Control of Public Funds' Spending, and heard the presented project results, as well as experiences in cooperation.
This project is a proof that there is a willingness of the supreme audit institutions to share their mutual experiences. willingness to learn from one another, and tendency to help one another and provide support, as well as wish and willingness on the part of the Delegation of the European Union to assist in realization of this type of projects.