The regional entity's inspection system

The inspection system for the regional entity consists of various aspects and is established in the organic order of 23 February 2006 concerning the terms applicable to the budget, accounting and auditing (OOBBC).

The regional SAP platform is a tool that is available for AGBs in order to control regional finances.

More specifically the control system consists of:

  • internal control;
  • management control
  • administrative and budgetary control;
  • an internal audit.

Internal control is a process intended to give a reasonable guarantee with regard to accomplishing the following goals:

  1. compliance with legislation and the relevant regulations;
  2. achievement and optimisation of operations;
  3. reliability of the financial information: whether the operations are legal, regulated and justified and whether the financial position is correctly protected.