The Board of Auditors Submits the 2017 Annual Public Report to H.S.H. the Sovereign Prince
On 18 July 2018, the Chairperson of the Board of Auditors submitted the 2017 Annual Public Report to HS.H. the Sovereign Prince. This Report was drafted by the Principality’s Supreme Public Auditing Institution (S.A.I) on 9 May 2018.
This report is available on the Government's web site. Pursuant to the Sovereign Ordinance of 2 July 2008, it deals, on the one hand, with the Commission's activities during the past year, and also analysis the reports submitted during this year.
In the course of 2017, the Board of Auditors examined the accounts and management of the State in 2016. It was therefore able to maintain the rate of advancement of this monitoring, which was begun in 2016, making it possible to present its findings on the 2014 and 2015 financial years in the 2016 public report. In this way, the public report can reflect issues that are more topical.
One chapter of the report is then devoted to the accounts and the management of the Commune for the financial years 2013 to 2015. The Board had already begun this monitoring in the previous year, finalising it in 2017.
Then, following audits relating to the accounts and management of Monaco Scientific Centre (for the financial years 2007 to 2014), Monaco Post Office (for the financial years 2012 to 2015) and the New National Museum of Monaco (for the financial years 2009 to 2015), these reports, which the Commission adopted in 2017, are respectively analysed.
Finally, in 2017, the Board of Auditors began a review of the Princess Grace Hospital, which should be completed in 2018.
This year also saw the setting up, alongside Monaco's Supreme Audit Institution (S.A.I.), of the Electoral Campaign Audit Committee, established in view of the 2018 national elections.
Naturally, relations with foreign S.A.I.s and the associations that bring them together were continued in 2017, in particular with the European Organization of Supreme Audit Institutions (EUROSAI), which held its 10th Congress in Istanbul in May 2017, in which the Principality's Supreme Audit Institution took part.
Finally, at the request of the Prince's Government, the Board undertook three series of investigations concerning, respectively, the procedure for the carryover of appropriations, the digitalization of expenditure documents and the presentation of expenditure on energy.