30.04.2010. -

The State Audit Office (hereinafter – SAO) disclosed in the audits that the annual reports for 2009 of the Constitutional Court of the Republic of Latvia, the Supreme Court of the Republic of Latvia and the Office of the Prosecutor of the Republic of Latvia in all significant aspects provide true and fair view on the financial position of institutions, alterations and the activity results thereof.

Conducting annual audits on financial statements SAO has not disclosed significant errors or deficiencies in accounting, and all audited institutions have eliminated errors and deficiencies recognised during financial audits of the previous year, implementing SAO recommendations. 

SAO highly regards the practice of the Constitutional Court, the Supreme Court and the Office of the Prosecutor, transparently and accurately preparing financial statements in accordance with the requirements of regulatory enactments and encourages all State institutions introducing such practice as a self-evident part of their everyday operations.

Financial audits on correctness of preparation of the annual reports for 2009 of the Constitutional Court, the Supreme Court and the Office of the Prosecutor included inspection of the financial statement, including the statement on the financial position of the budget institution, the statement on the financial results of operations, the statement of changes in equity (net assets), the cash flow statement and the annexes to the financial statements, the management report and the accounting policy description.