The Turkish Court of Accounts Carries out the External Audit of the Economic Cooperation Organization (ECO) and the ECO Cultural Institute

The organization was established in 1985 with the aim of contributing to the development of member countries, removing trade barriers within the ECO region and developing intra-regional trade and encouraging the integration of ECO region with global markets, and strengthening cultural and historical ties between the member countries. Turkey has been a member of the organization as a founding country since 1985.
 
The funds transferred by the member states to the Organisation for Economic Co-operation and the audit of expenditures from these funds for the year 2018 is carried out. The audit is conducted through auditors appointed by Turkey, Iran and Pakistan.
 
During the audits, the payments related to the expenditures, the bank records and the accounting transactions related to the expenditures are examined through the documents proving the expenditures made from the sources transferred by the ECO Secretariat.
 
As a result of audits; a report will be drawn up on whether the expenditures are realized in line with the legal agreements, the regulation of the cooperation organization and the specified objectives.
 




Share on Twitter