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Buletin 3_4-2010 web.pdf - Curtea de Conturi a Republicii Moldova

Buletin 3_4-2010 web.pdf - Curtea de Conturi a Republicii Moldova

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VII adVISory board meetIng<br />

for implementation of Supporting project via technical<br />

assistance in strategic <strong>de</strong>velopment of the Court of accounts<br />

On 17 December <strong>2010</strong>, the Court of Accounts held the VII Advisory<br />

Board Meeting for implementation of Supporting Project via technical<br />

assistance in strategic <strong>de</strong>velopment of the Court of Accounts,<br />

managed by the World Bank through Multi Fiduciary Fund (DFID of<br />

Dutch Government) . This event was atten<strong>de</strong>d by representatives of<br />

donor institutions - World Bank, DFID, Swedish National Audit Office<br />

(ONAS) and representatives of State Chancellery Direction for policies,<br />

strategic and external planning; as well as of Ministry of Finance,<br />

Ministry of Economy and Ministry of Informational Development and<br />

Communications .<br />

Agenda of the meeting inclu<strong>de</strong>d several reports on achievements<br />

of the Court of Accounts, its progresses and compliance with international<br />

audit standards . In their greeting speeches, Presi<strong>de</strong>nt of the<br />

Court of Accounts, Mrs . Ala Popescu, and representatives of DFID,<br />

SNAO and State Chancellery noted, with satisfaction, the assertion of<br />

the Court of Auditors as an in<strong>de</strong>pen<strong>de</strong>nt supreme audit institution,<br />

which is an efficient monitoring tool for public funds in the Republic<br />

of <strong>Moldova</strong> .<br />

At the same time, Mrs . Ala Popescu mentioned that by applying<br />

lessons learned from foreign partners and <strong>de</strong>veloped supreme<br />

audit institutions, the Court of Accounts continues to comply with<br />

international public external audit standards and continues its transformation<br />

of institutional capacities . The Court of Accounts just met<br />

its goals and mission, assumed by SDP for 2006-<strong>2010</strong> - to conduct<br />

in<strong>de</strong>pen<strong>de</strong>nt audits, credible, transparent and professional management<br />

of public funds and public property, promote high standards<br />

of financial management for the benefit of citizens of the Republic of<br />

<strong>Moldova</strong> .<br />

Vice-Presi<strong>de</strong>nt of the Court of Accounts, Mrs . Elisaveta Foca, responsible<br />

for project implementation through technical assistance<br />

support for strategic <strong>de</strong>velopment of the Court of Accounts, managed<br />

by the World Bank, presented her report on strategic <strong>de</strong>velopment<br />

of the Court of Accounts - achievements and progresses . In this<br />

report Vice Presi<strong>de</strong>nt of the Court of Accounts noted that the 4 th year<br />

of institutional reforms was resultant and turning in terms of <strong>de</strong>velopment<br />

and progresses towards best practices and audit standards,<br />

noting that during <strong>2010</strong> Project activities were conducted in accordance<br />

with Implementation Plan for the project extension period up<br />

to 30 June 2011, which was approved by the Court of Accounts in<br />

February <strong>2010</strong> .<br />

Mrs Elisaveta Foca noted that objectives and activities un<strong>de</strong>rtaken<br />

with the support of World Bank in <strong>2010</strong> were mainly achieved due to<br />

combined efforts of management and employees of the Court of Accounts,<br />

strategic consultancy on management of changes provi<strong>de</strong>d<br />

and efforts of consultants team of the Project, who monitored activities<br />

and promoted an acceptable financial management according to<br />

rules and procedures of the World Bank .<br />

71<br />

projects running at the Court of Accounts

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