Audit Of Revenues And Receipts Of Local And Regional Self-Government Units With Regard To Tax Revenues

The main goals of audit of local and regional self-government units are to verify the authenticity and credibility of the financial statements, examine the compliance of operations with acts and other regulations, analyse the realisation of revenues, receipts, costs and expenditures in accordance with the plan, as well as other goals. After performance of the audit, reports are drawn up, which are available to the public. The aim of this study is to determine the realisation of tax revenues in total revenues and receipts of local units, based on data obtained by the audit procedures. The main role of local and regional self-government units is satisfying public needs, as well as improving living and working conditions in a particular area. Through the process of decentralisation, i.e. by transferring of tasks to be provided by individual levels of government, the local interests and demands for public goods and services can be satisfied in the best possible way. It is therefore necessary to collect budgetary revenues and ensure sources of funding for performance of tasks that fall under the competence of local units. The realisation of tax revenues needs to be analysed by individual types and by counties, for a specified period. The study covers the period from 2007 to 2011, and the fiscal capacity of the counties is presented by analysing the revenues and receipts in relation to the number of inhabitants for each unit of local (regional) selfgovernment. The presented results were analysed in order to determine the changes in shares of tax revenues in total revenues by counties, to compare the share of tax revenues in the total revenues and to show the fiscal capacity of the counties. Attention is paid to tax revenues as sources for budget financing, given that their purpose is not determined by law and they are used to cover budgetary expenditures in accordance with budgetary demands. Other revenues, the ones dedicated to specific purposes, are not included in this study. Conclusions are drawn about the realisation of tax revenues within the realisation of total budgetary revenues, with regard to meeting of demands falling within the scope of local units. The conducted external audit and data from financial statements represent the basis for research and drawing conclusions on tax revenues.