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WELCOME
BY PRESIDENT OF THE COURT OF ACCOUNTS
 The severe financial management, reasonable and efficient administration of public finances are some of the primary tasks in guiding a country engaged in the process of transformation to compliance to the EU governance standards.
The Court of Accounts, as a supreme public external audit institution, according to the provisions of the Law of the Court of Accounts no. 261-XVI, dated 5 December, 2008, is the only state public authority that controls the formation, management and use of public financial resources and management of public property by carrying out external audit in the public sector, confirming the compliance of the Republic of Moldova with the international standards on the best public external audit practices.
By evaluating the regularity, economy, efficiency and effectiveness of public financial resources management, also by promoting transparency, independence and responsibility standards, the Court of Accounts will directly contribute to the improving of the financial management in the Republic of Moldova and to the good management of public money for the society’s benefit.
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The official inauguration of the new headquarters building of the Court of Accounts (CoA) located in 69 Stefan cel Mare Boulevard took...
Court of Accounts: from control to audit – achievements and perspectives
Extracted
On our most recent visit to Moldova we were provided with a sample of documentation relating to the Ministry of Finance audit of state budget execution for 2008. Members were keen for us to provide feedback on the work carried out. We could see from the documentation that positive progress has been made in documenting and recording audit work. We also found that the report on the audit was concise, readily understandable and included a number of good recommendations. 
On September 25, 2009, the Court of Accounts held the Vth meeting of the Advisory Board for the implementation of the Strategic Development Plan in 2006-2010. The implementation of the Plan for Strategic Development of Court of Accounts is conducted with the support and technical assistance of the Swedish National Audit Office (SNAO) and the Multi-donor Trust Fund (DFID and Government of the Netherlands), managed by the World Bank. In order to coordinate the activities between development partners and monitor the action taken, the Advisory Board was set up to implement the Strategic Development Plan, which includes representatives of the Court of Accounts, SNAO, World Bank, Committee for Economic Policy, Budget and Finance of the Parliament of Moldova, Ministry of Finance, Ministry of Economy and Trade, Ministry of Information Development and Financial Control and Revision Service.
