The Federal Law "On the Accounts Chamber of the Russian Federation" came into force on January 14, 1995.
For the past 20 years, the Accounts Chamber has performed enormous work: about 9,000 control activities have been conducted, violations of law in financial and fiscal area have been detected to the amount of 4.6 trillion rubles. Based on the findings of control activities, almost 9,000 submissions and orders have been sent with requests to eliminate the violations identified. More than 1,700 criminal cases have been initiated by law enforcement bodies based on the materials provided by the Accounts Chamber.
For 20 years of operation, the Accounts Chamber has managed to build up an efficient external state financial audit system in Russia based on unified organizational principles and methods. This is confirmed by the fact that the Accounts Chamber is among the leaders of the global audit community, being a member of the international, European and Asian Organizations of Supreme Audit Institutions (INTOSAI, EUROSAI and ASOSAI) and a member of their Governing Boards. Upon the initiative of the Accounts Chamber, the Council of the Heads of Supreme Audit Institutions of the CIS countries was established and has been operating successfully for 14 years. The relations with foreign Supreme Audit Institutions (SAIs) are developing fruitfully. Cooperation agreements with control bodies of 67 countries have been concluded and are valid. The representatives of the Accounts Chamber work in more than 20 governing and working bodies of the international organizations of SAIs.
Today, the Accounts Chamber is a full member of the budget process with sufficient powers to exercise efficient control over public finance and property. Thanks to amendments to the Federal Law “On the Accounts Chamber of the Russian Federation” adopted in 2013 and 2014, the powers of the control body have been significantly expanded, and a substantial long-term development capacity has been provided.
The Internet portal of control and accounting bodies of the Russian Federation has commenced its work in the Internet (www.portalkso.ru).
The KSO Portal enables users to obtain up-to-date information on the activities of control and accounting bodies.
The Internet resource gives an opportunity to arrange video conferences, use electronic document flow, carry out joint work with documents, form and use an electronic library, carry out training activities, store the information of the Accounts Chamber of the Russian Federation and control and accounting bodies.
Auditors of Russia and Vietnam will audit the “VietsovPetro” and “RusvetPetro” joint venture
For the purposes of the practical implementation of decisions made by the leaders of Russia and Vietnam, providing, among other things, further increase in the level of cooperation between the national supreme audit institutions (SAIs), Tatyana Golikova, Chairwoman of the Accounts Chamber of the Russian Federation met Nguyễn Hữu Vạn the Auditor General of the Socialist Republic of Vietnam. Tatyana Golikova and Nguyễn Hữu Vạn mapped out priority areas for further cooperation, including joint audit engagement in the field of nuclear energy and fuel and energy sector. In particular, it was decided to conduct in 2016 two joint control activities, i.e. auditing the implementation of the intergovernmental agreement on cooperation in the construction of a Ninh Thuận 1 nuclear power plant in the Socialist Republic of Vietnam and inspection of the "VietsovPetro" and "RusvetPetro" joint ventures. An agreement was reached to organize training of the Vietnamese auditors at the Scientific Research Institute of the Accounts Chamber. Besides, the head of the Russian SAI expressed her intention to address the issue and submit proposals to arrange for training in finance and public audit for Vietnamese students in Russian universities. Following the meeting, the parties signed an updated version of the Cooperation Agreement.