Česky

Anticorruption barometer


Update history

Non-corrupt and professional public administration — #70 A better law on financial control in management of public funds

A new and more effective Act on financial control in the management of public funds is adopted and enforced.


Justification and sources

Selected update

Updated: 06/2017 Parameter update history

Effectiveness:
0%
Progression:
60%
The law proposal is in the Lower Chamber

The proposal of the Act on management and control of public finance, which is in the Lower Chamber of the Parliament and which should replace the existing dysfunctional Act on financial control in public administration, does not include crucial mechanisms for an efficient system of internal audit or reduction of duplicit and ineffective inspections and checks. The version of the Act sent by the government to the Loweer Chamber of the Parliament diverges from the European and international audit standards applicable to the public administration. At the same time, the conflict of interest in spending of public funds as well as the independence of the audit body is not dealt with sufficiently.

Compared to current state


Updated: 08/2017 Parameter update history

Effectiveness:
0%
Progression:
60%
The law proposal is in the Lower Chamber

The proposal of the Act on management and control of public finance, which should replace the existing dysfunctional Act on financial control in public administration was returned by the Upper Chamber to the Lower Chamber of the Parliament for the final vote. The Act does not include crucial mechanisms for an efficient system of internal audit or reduction of duplicit and ineffective inspections and checks. The Act diverges from the European and international audit standards applicable to the public administration. At the same time, the conflict of interest in spending of public funds as well as the independence of the audit body is not dealt with sufficiently