Today, when the country operates under budget deficit and the government announces war against corruption, organising proper and professional audit of the state budget funds in accordance with international standards is of immediate interest. The only state authority that has the appropriate power is the Accounting Chamber. However, as of early 2015, the Chamber did not have enough functions to implement delegated powers and it was dependent on the political situation in the Verkhovna Rada of Ukraine and in the government.
Together with the representatives of the “Reanimation Package of Reforms” movement and other organisations, the Eidos experts set a goal to change this situation. As a result of cooperation between the government and experts, a renewed draft law “On the Accounting Chamber” was developed. The new law takes the best practices of the functioning of the institutions into account.
The draft law suggested reestablishing the powers and authorities of the Accounting Chamber to conduct the effectiveness audit and financial audit. Particularly, it concerned itself with the flow of state budget funds in Ukraine and their use. Furthermore, the Chamber received control over the execution of budget legislation.
In addition, the project provided for a competitive selection of members of the Accounting Chamber and the election of the Chairperson and the Deputy Chairperson among the members of the Accounting chamber, who passed the competitive selection. This provided conditions for the politically independent, professional staff of the Accounting chamber that would have control over revenues and expenditures.
On July 2, after a short, yet intensive advocacy campaign, the Verkhovna Rada adopted a draft law №2072 «On Accounting chamber” in the second reading. 255 deputies voted in favor.
In the second half of 2015, a competitive selection of the Accounting chamber management and a reorganisation of this authority started. The Eidos Centre continues to closely monitor the implementation of this Law.