News in Brief

Latvia

 

Anniversary of the State Audit Office

The State Audit Office of the Republic of Latvia (SAO) celebrated its 85th anniversary on August 29, 2008, with a ceremony attended by the President of Latvia, the Speaker of the Parliament, the Prosecutor General, and other guests. During the ceremony, Auditor General Inguna Sudraba evaluated the accomplishments of the SAO and identified its main goals for the future.

The SAO was established in 1923, and since then it has experienced major changes and developments. Between World War II and the reestablishment of the independent Republic of Latvia, there was no independent supreme audit institution in Latvia, although there were state audit institutions with different names, tasks, and aims.

The current SAO was founded as the independent collegial supreme audit institution of the Republic of Latvia in August 1992. As a key element in the state’s financial control system, the SAO serves the public interest by providing independent assurance on the effective and efficient utilization of central and local government resources.

For additional information, contact the SAO:
E-mail: lrvk@lrvk.gov.lv
Web site: www.lrvk.gov.lv