Encyclopedia

Financial Audit


Financial audit — a financial audit (supervision) is applied for documentary checks of the accuracy of financial operations, budget accounting, budgetary and other reporting, targeted use of federal and other resources, checks of financial and other activities of audit (supervision) objects. During a financial audit (control) within the competence of the Audit Chamber, checks are carried out to ensure compliance with the budget legislation of the Russian Federation, as well as regulatory legal acts governing budgetary relations1.

  1. Federal Law No. 41-FZ of April 5, 2013 "On the Audit Chamber of the Russian Federation". 2013, as amended on December 18, 2022, Article 14, paragraph 5. ↩

Laws with commentary

Codes and federal laws