Számvevszéki

Számvevszéki is a Hungarian term that translates to "audit office" or "court of accounts." It refers to a state institution responsible for supervising and controlling the responsible and legal use of public funds. These bodies are crucial for ensuring transparency and accountability in government spending.

The primary function of a számvevszéki is to conduct audits of public entities, including government ministries, local authorities, state-owned companies, and other recipients of public money. These audits can be financial, performance, or compliance-based, examining how effectively and efficiently public resources are utilized, and whether they are spent in accordance with laws and regulations.

The findings of the számvevszéki are typically presented in detailed reports, which are often made public. These reports can highlight irregularities, inefficiencies, or instances of mismanagement, and may propose recommendations for improvement. The institution plays a vital role in preventing corruption and ensuring that taxpayers' money is spent wisely.

In Hungary, the Állami Számvevőszék (State Audit Office) is the principal body fulfilling this role. It operates independently and reports to the Parliament. Its work contributes significantly to good governance and public trust in state institutions by providing an independent oversight mechanism for public finances.