Audit

State corporations going under the purview of Greece's privatizations hyperfund will undergo sweeping changes in management and regulations.

Piraeus Bank said on Monday it will respond to a draft report of a Bank of Greece audit that found regulatory violations during 2014-16 and that a final report by the central bank would follow thereafter.

For the second day in a row, over 30 opposition members of parliament in Republika Srpska, the Serb-dominated entity of Bosnia, took up seats behind the table of the speaker, preventing the session from being held until their demands were met.

Negotiations that lasted from Tuesday evening to Wednesday to noon ended without result.

A shopowner threw cream at auditors from the Independent Authority for Public Revenue (IAPR) on Saturday morning when they showed up for an inspection of his business on the Ionian island of Lefkada.

The Pentagon sent weapons and special equipment worth USD 1.2 million to non-existent police station, according to a report from the US National Audit Office website, reported Sega.

For two and a half years, 2, 171 children were born in Bulgaria after state - funded in vitro procedures. This was reported by the National Audit Office (NAO), whose experts have carried out an audit of the Center for Assisted Reproduction, quoted by bTV.

The Independent Public Revenues Authority (AADE) issued a directive to all the tax officers across Greece that the priority of their audit targets will change. The new directive calls on tax officials to focus on cases with a track record of higher delinquency and collectible possibility, based on objective risk analysis criteria.

More than half of the political parties which, by law, are obliged to file their financial statements for 2016 with the National Audit Office have not done deposited their documents yet.

The deadline for submitting the financial statements together with the lists of natural persons who have made donations expires on March 31.

The European Commission confirmed on Tuesday that an audit of Bulgaria has been carried out in relation to the funds for science and education but specified that the report from the audit is not ready and funding has not been stopped, reported BTA.

It is the requirement of the state to audit how public money is being spent. Throughout history, states have undertaken this auditing function differently according to the structure, size and culture of their states.