The Accounts Chamber of the Kyrgyz Republic conducted an audit, during which significant deficiencies were identified in the financial reporting of the Ministry of Labor, Social Security, and Migration of the Kyrgyz Republic for the year 2024.
The audit was carried out from January 1 to December 31, 2024, with the aim of verifying compliance with budget execution and adherence to legislation in the expenditure of budgetary funds. Specialists assessed the financial discipline and accuracy of accounting in the ministry and its structural divisions.
As a result of the audit, numerous financial violations and deficiencies were identified, with a total amount of 36 million 560.3 thousand soms. Of this amount, 11 million 225.4 thousand soms were related to errors in accounting. During the audit, after measures were taken to eliminate the deficiencies, it was possible to recover 2 million 12.4 thousand soms.
During the audit, violations in the accounting procedures were identified, deficiencies in the accounting of fixed assets, and the absence of some material values in the accounting balance. Cases of unlawful assignment and payment of state benefits, as well as misuse of budgetary funds, were also discovered. As a result of the audit, appropriate changes were made to the accounting records to correct the identified deficiencies.
As a result of the audit, recommendations were made to eliminate the identified violations, improve financial discipline, and optimize the use of budgetary funds.
Photo www
