|
||||||||||||||||||
|
(Narodne novine 70/93 and 48/95)
Point 1.
(1) This law is determining: state expenses revision, state administration units’ finance reports and transactions revision, local autonomy and administration units’ revision, revision of legal parties who are financed from the budget (partially or fully) or with predominant share in state capital and revision of Croatian National bank.
(2) According to this law state expenses are: every item of current and capital expense which are financed from the state budget, local autonomy and administration units budget or other Republic funds.
(3) According to this law state administration units are: every state administration units on Republic level and on local autonomy and administration units’ level.
Point 2.
(1) According to this law revision is: examining of documents, papers, repots, internal control and revision system, accounting and financing procedures and other records to determine if these records are showing true financial results in concordance with accounting principles and revision standards.
(2) Examining of finance transactions which represent state expenses as lawfully used funding is also a revision.
(3) Revision also includes giving remarks about tasks’ efficiency, economy and effectiveness in achieving programme goals.
(1) Revision, according to point 2. paragraph (1) of this law, must be performed once a year for: state budget, Republic Funds, local autonomy and administration units budget and Croatian National bank.
(2) Finance reports revision of: state administration units, local autonomy and administration units, legal parties who are financed from the budget (partially or fully), legal parties with predominant share in state capital is performed according to State Revision Office annual programme.
(3) Revision, according to point 2. paragraph (2) and (3) of this law, is performed if necessary.
(4) Measure of performing revision is determined by State Revision Office annual programme. This programme is formed by the Representative House of Croatian Parliament.
Point 4.
(1) Revision is performing according to the procedures of the INTOSAI Auditing Standards.
(2) Revision standards, from paragraph (1) of this point, are published in "Narodne novine" in Croatian language.
(3) Authorised state revisors are performing revision.
(4) Authorised state revisor is an independent proficient person, with an authorised state revisor certificate and other conditions as stipulated in this law. Authorised state revisor works in the State Revision Office.
(5) As an exception to paragraph (3) of this point, State Revision Office can engage special experts during the revision, if specific problems are faced.
The Legal representative of a legal party where revision is performed at, must give all the necessary documentation, papers, reports and information to the authorised state revisor.
Point 6.
Authorised state revisor can not perform the revision if:
a) he/she is a member of a supervisory committee or any other service of the legal party where revision is performed;
b) he/she has participated in running the businesses’ books or writing finance reports for the legal party where revision is performed;
c) he/she is husband/wife, blood relative (4th generation straight line relative or 2nd generation side line relative), trustee, adoptee, adopted or parent of one of legal party, legal representatives, or supervisory committee member.
Point 7.
(1) After the revision is finished, the authorised state revisor puts together and signs the revisor report. Revisor report is put together according to revision standards from point 4. paragraph (1) of this law.
(2) Revisor report must be delivered to the legal representative of legal party where revision is performed at, superior government body and/or fond and the State Revision Office.
(3) The Legal representative of legal party where revision is performed at can issue an official objection about the revisor report. The Head state revisor decides about this objection.
(1) Authorised state revisor must fulfil the following requirements:
1. he must be a Croatian citizen,
2. he must have a high professional qualification - VII/I-graduate economist or graduate lawyer,
3. he must pass authorised revisor exam and have a authorised revisor certificate
4. he must not be convicted of economic criminal crimes,
5. he must be honourable and fair and must fulfil the requirements of professional ethics.
(2) Professional ethics revisor principles are formed by the professional revisors association, of which authorised revisors and authorised state revisors are members.
(3) A candidate for the authorised revisor exam candidate must have at least three years working experience as a graduate economist or graduate lawyer.
Point 9.
(1) The authorised state revisor exam passing procedure is according to the State revisor office programme.
(2) For the exam, from paragraph (1) of this point, passing procedure is in front of commission which is named by head state revisor. If a person successfully passes the exam, he or she gets a authorised revisor certificate.
(3) Before taking the authorised state revisor exam, the candidate must pass the general part of the state profession exam. Candidate does not have to pass that part of the exam if the state employees law says differently.
(1) State Revision Office is formed on account of the duties described in this law.
(2) State Revision Office is a legal party.
(3) State Revision Office is directly responsible to the Representative House of the Croatian Parliament.
(4) State Revision Office headquarters are in Zagreb.
Point 11.
(1) State Revision Office is performing the following duties:
1. it plans and performs revision in degree foreseen by point 2. paragraph (1) of this law,
2. it performs revision in degree foreseen by point 2. paragraphs (2) and (3) of this law according to the annual programme or the demands of the Representative House of the Croatian Parliament,
3. it prepares annual reports about the revisions performed and its work,
4. it suggests the annual work programme.
(2) The report from paragraph (1) section 3. of this law is submitted to the Representative House of the Croatian Parliament not later than five months after the deadline for annual finance reports.
(3) State Revision Office statute is confirmed by the Representative House of the Croatian Parliament.
(4) State Revision Office also performs other duties according to its statute.
Point 12.
(1) Head state revisor is the manager of the State Revision Office.
(2) Head state revisor is named by Representative House of the Croatian Parliament.
Point 13.
(1) State Revision Office's businesses, which are determined by the annual working programme and done on the request of the Representative house of the Croatian Parliament, are financed from state budget.
(2) Excess of income over expenses of the State Revision Office are put into state budget.
(1) For financial violations, the state units or other legal party will be punished from 3.500,00 to 40.000,00 kunas:
1. if it does not present all the necessary documentation, papers, reports and other information to the authorised state revisor when the revision is taking place (point 2. paragraph(3)),
2. if it does not give or gives wrong information regarding the revision of financial transactions (point 2. paragraph (2)),
3. if it does not give or gives wrong information regarding the revision which is performed to analyse the efficiency, economy and/or success in achieving goals (point 2. paragraph (3)).
(2) Legal representative will be punished, for actions in paragraph (1) of this point, with penalty from 1.500,00 to 3.500,00 kunas.
Point 15.
(1) Head state revisor naming will be published no later than 30 days from the day this law becomes valid.
(2) Head state revisor will prepare the statute and other State Revision Office documents no later than 30 days from the day he/she was named head state revisor.
(3) Head state revisor will publish the translation of the INTOSAI Auditing Standards no later than 90 days from the day he/she is named head state revisor.
Point 16.
(1) With exceptions from clauses in point 9. from this law, on written request, a special commission (which is named by Head state revisor) can give authorised revisor duties to the person with following requirements:
(a) he/she must have at least 5 years working experience, as a graduate economist or graduate lawyer, in the field of financing or accountancy,
(b) he/she must have at least 3 years working experience, as a graduate economist or graduate lawyer, on revision performing.
(2) Persons from paragraph (1) of this point must fulfil the requirements stipulated in paragraph (1) sections 1., 2., 4. i 5. and paragraph (3) point 8. of this law.
(3) If the commission from paragraph (1) of this point determines that a person fulfils these requirements, this person will get a temporary authorised state revisor certificate.
(4) On base of the temporary certificate issued under paragraph (3) of this point that person can begin performing revision not later than 31st of December 1996.
Point 17.
(1) State Revision Office has 60 days, until the day this law becomes valid, to take over duties from society accounting service, which are determined by this law.
(2) State Revision Office will take over all equipment, furniture, documentation, buildings (or parts of the buildings) and other society accounting service assets.
(3) Decisions from paragraph (2) of this point are made by Croatian government on preposition from the administrative commission of Croatian society accounting service.
(4) According to the conditions of this law and state administration forming law, employees of the society accounting service who were doing economy-finance revision jobs can get a position in State Revision Office.
Point 18.
Croatian society accounting service law becomes invalid 90 days after the day this law becomes valid. ("Narodne novine", br.53/91)
Point 19.
This law becomes valid after it is published in "Narodne novine". Clauses from point 1. to point 11. paragraph (2) and clause 17 are valid 90 days after this law becomes valid.
Klasa: 470-01/93-01/01
Zagreb, 30th of June 1993.
REPRESENTATIVE HOUSE OF THE CROATIAN PARLIAMENT
President: Stjepan Mesic, v. r.
