The accounting Chamber of Ukraine (SAI Ukraine) is established under the constitution. Parliament appoints the Head of the SAI. The procedure for terminating the appointment of the Head of the SAI is in accordance with law of Ukraine on the Accounting Chamber (Article 10, part 1). The Qualifications for Head of SAI are as per the law of Ukraine on the Accounting Chamber (Article 10, part 1). The Head of SAI is appointed for a fixed 7 year tenure with the right to extension for another period.
The various conditions of service of the Head of the SAI to secure independence are:
SAI informs of the results of auditing and inspection with the purpose of taking appropriate measures by other branches of the government. The SAI has no financial independence. Parliament has the right to decide on the allocation of budetary resources for the SAI. SAI presents proposals on the allocation of budgetary resources. SAI reports annually to the Parliament.
The SAI's jurisdiction extends to following and there are no limitations imposed on this jurisdiction.
SAI also has Jurisdiction over fallowing if the government funds are used
The SAI has powers of requisitioning all records of the auditee departments/organisations to discharge its mandate as per Law of Ukraine On Accounting Chamber.
The SAI does not have powers to enforce or initiate enforcement action to secure access to needed records which are not produced. The SAI does not have power to seal but can search and seize documents and other related items considered necessary for audit and inspection. Further, it has power to seek testimonials of the persons concerned under Article 7 of Law of Ukraine on Accounting Chamber. It can seek co-operation of persons other than agencies subject to audit and inspection. It is done on a contractual basis.
The SAI has powers to instruct government investigating agencies to perform activities considered necessary. The SAI doe not have authority to re-examine its own adjudication. The SAI does not have powers to decide on claims of interested persons in connection with official actions, duties and behaviour of persons subject to audit and inspection. The SAI does not have the authority to dispense with, in whole or part, the audit of Federal, Provincial and local Governments accounts and other related matters. The SAI does not have powers to take punitive action and/or impose surcharges.
The SAI prescribes Financial and Performance Audits in its scope of Audit. The powers to perform these audits are mandated by the law of Ukraine on the Accounting Chamber. The SAI conducts Pre-audit, Concurrent audit and Special audit . The audit of SAI is conducted on the basis of "Directions on conducting inspections" of the Accounting Chamber. The SAI does not discharge judicial functions. the procedures in following up and enforcement of audit findings are as per Article 7 pp. 10,11,12,14 of Law of Ukraine on Accounting Chamber.. The SAI is required to follow specific standards, practices and guidelines in conducting audit and reporting.
The SAI can consult and/or collaborate with other countries/SAIs and international organisations on matters relating to audit. The collaboration is conducted on the basis of bilateral agreements with Poland, Russia, Bulgaria, Moldavia, Belarus. The SAI can engage consultants and/or obtain professional services in conducting audit. The SAI reports on the acts that infringe upon State economic interests like mass embezzlements of state assets etc. The SAI is required to report any fraud or embezzlement by the auditees. It can oversee the ultimate disposal of such cases.
The SAI informs of the results of auditing and inspection in accordance with Law of Ukraine on the Accounting Chamber (Article 7,pp. 11,14). The SAI can share audit reports with public and media after formal reporting. It does not have powers to amend accounts of financial statement audits. It has an advisory role and the government is required to consult SAI in regard to the State Budget.
The SAI is constituted as a collegial multi member body (Board-Committee-Chamber) as a Chamber of Audit. The Head of SAI and other members status and conditions of service are determined by article 10,11 of Law of Ukraine on the Accounting Chamber. The main function of the Accounting Chamber is a control one and it is closely connected with day to day Functioning of SAI. The SAI can engage external auditors/ agencies/consultants as required.
The SAI can expend resources budgeted independently with in the limits of the allocation of budgetary resources and it has full independence in forming its workplan. The SAI is independent in the recruitment of audit and other staff and in determining the conditions of service of such staff.. The SAI is subject to an independent audit with a scope of Financial Audit and Performance Audit. The SAI is required to submit a report on its activities to the Parliament.