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Audit Report Reveals Uncontrolled Situations in the Public Sector

Published March 12, 2026, 09:03
Audit Report Reveals Uncontrolled Situations in the Public Sector

An audit report reveals serious delays in the audit of financial statements of organizations in the broader public sector. As of the end of 2025, the audit of 6,734 financial statements for 653 organizations, including Municipalities and School Boards, covering the period 1995-2023, was pending. Additionally, 929 financial statements had not even been submitted, violating relevant legislation. These delays undermine transparency and accountability in the management of public funds. The lack of timely audits increases the risk of waste and misappropriation of public money, as it limits the effective oversight of public finances. The report highlights the need for immediate action to address the problem, in order to ensure the proper management of public funds and prevent illegal activities. The Audit Office calls on the competent authorities to take the necessary measures to complete the audits quickly and submit the pending financial statements. This situation is a serious blow to the credibility of the public sector and public trust. The immediate resolution of the problems highlighted in the report is crucial to restore transparency and accountability in the management of public funds.