Oditor, Vol. III, No. 02/2017
AUDIT OF BUSINESSES PURPOSE
Zdenka Vidoč, Milan Milunović
Date received: 10.07.2017.
Date accepted: 20.07.2017.
JEL: M21, H49
Audit of businesses purpose is a procedure through which, the use of public assets is reviewed in order to determine whether it was done in accordance with principles of economy, efficiency and effectiveness and planned goals.It is quite often to determine that public assets weren’t used in Serbia according to the procedures. This is often the case in the context of public procurements, but there are also cases in subventions and other types of budget help, disposal with public property, performing budget commitments, payment of fees and salaries. Examination of purpose of such assets should be done continuously, during planning and approval of each public assets spending. It is in a way,embedded in key regulations that govern this matter – Law on Budget System, Law on Public Property, Law on Public Procurement and other.
Key words: revision, business purpose, European Union
PhD Zdenka Vidović, Court of Audit of the Republic of Slovenia, Slovenska c. 50, 1000 Ljubljana, Email: firstname.lastname@example.org
PhD Milan Milunović, Defense Department, Gardijska street, Number 7, Belgrade, Serbia, Telephone: +381 64 166 81 86