Description
The Public Financial Inspection Agency (PFIA) is an administration under the minister of finance created in 2006 after implementing of significant reform in the scope of Public Internal Financial control (PIFC). The basic objectives, of the Public Financial Inspection Agency are to protect the public financial interest trough implementing of follow up financial inspections for observing the normative acts providing the budget, financial-economic or accounting activity of organizations and persons in the scope of its activity.
PFIA is the institution of realizing sanctioning function after uncovering of breaches - reveal caused damages and bringing to administrative punitive and proprietary responsibility of the guilty persons upon existence of the respective lawful grounds. It is the unique competent authority in the country, which realizing administrative punitive responsibility of the public procurements. Main task of the public financial inspection is determining of frauds and breaches of EU financial interests. The fundamental activity principles are lawfulness, objectivity, official principle and confidentiality. Public Financial Inspection Agency - PFIA
