On-going audits

 

Within the 2020 financial audits, in addition to issuing opinions on truth and fairness of financial statements, we assess, whether the ‘emergency’ funding requests from ministries and central state institutions, SOEs and municipal enterprises, associations and foundations are well justified and ‘appropriate in circumstances’; we examine achievement of intended objectives; we examine compliance with laws and regulations. Audited entities are:

 

Ministry of Finance – use of ‘emergency’ funds allocated for employment support schemes (idle time scheme for employees and self-employed persons affected by COVID-19).

 

Ministry of Education and Science - use of ‘emergency’ funds allocated for procurement of the equipment to ensure the remote learning process, as well as for production and distribution of the audio-visual content, and for national studies related to the mitigation of the COVID-19 effects.

 

Ministry of Welfare - use of ‘emergency’ funds allocated for social allowances (supplement to the idle time allowance for each dependent child, idle time aid allowance, support to municipalities for compensation of costs caused by the emergency situation, extension of period for the parental benefit, unemployment assistance allowance, supplement to the family allowance for disabled children, increase of child care allowance).

 

National Electronic Mass Media Council - use of ‘emergency’ funds allocated for ensuring effective public awareness-raising and educating the public on topics related to COVID-19, as well as for security of the state information space in commercial electronic mass media.

 

Ministry of Transport and its SOEs - the funding allocated for the implementation of road projects, as well as for the increase of equity of the State JSC ‘Latvijas gaisa satiksme’, the State JSC ‘RIGA International Airport’’ and JSC “Air Baltic Corporation”.

 

Ministry of Justice - allocation of financial resources to religious associations (churches) for payment of allowances to ecclesiastics and employees of religious organisations, for mitigation of losses caused by spread of the virus, for compensation for additional workload of the Prisons Administration staff, for support to the Council of Latvian Sworn Notaries.

 

Ministry of Health - use of ‘emergency’ funds allocated to compensate for additional workload for medical practitioners and other employees, support to the Latvian Oncology Centre and Pauls Stradiņš Clinical University Hospital.

 

 

The audited amounts will reach approx. 570 million euro. Interim audit reports will be published by the end of 2020.