The audit of the National Bank of Hungary has been completed
March 19, 2025
The report of the State Audit Office of Hungary (SAO) on the audit of MNB (the central bank of Hungary) is now public. The audit focused mainly on real estate investments made by MNB through the business companies it set up. According to the SAO, the MNB did not always meet the requirements of economical operation, and the controls over its financial management were not fully fulfilled.
SAO report on the audit of the Neumann János University Foundation is now available
March 19, 2025
The State Audit Office of Hungary (SAO) audited the investments of the Neumann János University Foundation in long-term debt securities. The SAO found that the investments did not comply with the requirements of responsible financial management. The SAO made recommendations to the auditees and also filed a criminal complaint for suspected mismanagement of public assets.
The State Audit Office of Hungary has made the report on the management of the Pallas Athéné Domus Meriti Foundation (PADME) public
March 19, 2025
The State Audit Office of Hungary audited, among other things, whether the Foundation’s assets were managed in accordance with the requirements of responsible financial management. The SAO found a number of shortcomings in this area, therefore it made recommendations to the auditees and filed a criminal complaint for suspected mismanagement of public assets.
Meeting of the OECD Heads of SAIs
February 6, 2025
The main topics of the conference included performance auditing, audits on sustainability issues and empowering public understanding.
The SAO’s latest reports call attention to the improvement of local governments’ housing stock and its planned use
January 31, 2025
The State Audit Office of Hungary (SAO) audited the utilisation of the housing stock owned by three districts of the capital and three cities with county rights between 2018 and the first half of 2023. The findings include that although the number of low-comfort housing units has decreased in all six local governments, the low level of spending on development and renovation poses a risk to preserving the value and condition of the housing stock owned by the local governments.
The Court of Audit of the Republic of Slovenia celebrates its 30th anniversary
December 11, 2024
Dr. Csaba Szomolai represented the State Audit Office of Hungary at the ceremony held on 8-9 December 2024 in Brdo to mark the 30th anniversary of the establishment of the Court of Audit of the Republic of Slovenia.
Anniversary event at the State Audit Office of North Macedonia
December 9, 2024
The State Audit Office of North Macedonia held its 25th anniversary celebrations in Skopje from 26 to 27 November 2024. Dr Monika Karas, Vice-President of the State Audit Office of Hungary, represented the SAO at the event.
Bilateral meeting with the Chamber of Accounts of the Republic of Uzbekistan
November 27, 2024
On 26 November 2024, Dr. László Windisch, President of the State Audit Office of Hungary welcomed Mehriddin Abdullayev, First Deputy Chairman of the Chamber of Accounts of the Republic of Uzbekistan, and his delegation at his Office. In the framework of the bilateral meeting, the Hungarian and Uzbek supreme audit institutions concluded a Memorandum of Understanding document on sharing methodological and technological knowledge to support the development of public auditing.
Anniversary celebrations at the State Audit Office of the Republic of Croatia
November 27, 2024
To mark the 30th anniversary of the establishment of the State Audit Office of the Republic of Croatia, a conference was organised in Zagreb on 20-21 November 2024. The State Audit Office of Hungary (SAO) was represented at the event by Vice-President Dr. Csaba Szomolai.
Opinion of the State Audit Office of Hungary on Hungary’s 2025 Central Budget
November 27, 2024
On 27 November 2024, dr. László Windisch, President of the State Audit Office of Hungary, presented the SAO’s opinion on the Bill on the 2025 Central Budget to the National Assembly.
The audit of the National Bank of Hungary has been completed
March 19, 2025
The report of the State Audit Office of Hungary (SAO) on the audit of MNB (the central bank of Hungary) is now public. The audit focused mainly on real estate investments made by MNB through the business companies it set up. According to the SAO, the MNB did not always meet the requirements of economical operation, and the controls over its financial management were not fully fulfilled.
SAO report on the audit of the Neumann János University Foundation is now available
March 19, 2025
The State Audit Office of Hungary (SAO) audited the investments of the Neumann János University Foundation in long-term debt securities. The SAO found that the investments did not comply with the requirements of responsible financial management. The SAO made recommendations to the auditees and also filed a criminal complaint for suspected mismanagement of public assets.
The State Audit Office of Hungary has made the report on the management of the Pallas Athéné Domus Meriti Foundation (PADME) public
March 19, 2025
The State Audit Office of Hungary audited, among other things, whether the Foundation’s assets were managed in accordance with the requirements of responsible financial management. The SAO found a number of shortcomings in this area, therefore it made recommendations to the auditees and filed a criminal complaint for suspected mismanagement of public assets.
Meeting of the OECD Heads of SAIs
February 6, 2025
The main topics of the conference included performance auditing, audits on sustainability issues and empowering public understanding.
The SAO’s latest reports call attention to the improvement of local governments’ housing stock and its planned use
January 31, 2025
The State Audit Office of Hungary (SAO) audited the utilisation of the housing stock owned by three districts of the capital and three cities with county rights between 2018 and the first half of 2023. The findings include that although the number of low-comfort housing units has decreased in all six local governments, the low level of spending on development and renovation poses a risk to preserving the value and condition of the housing stock owned by the local governments.
The Court of Audit of the Republic of Slovenia celebrates its 30th anniversary
December 11, 2024
Dr. Csaba Szomolai represented the State Audit Office of Hungary at the ceremony held on 8-9 December 2024 in Brdo to mark the 30th anniversary of the establishment of the Court of Audit of the Republic of Slovenia.
Anniversary event at the State Audit Office of North Macedonia
December 9, 2024
The State Audit Office of North Macedonia held its 25th anniversary celebrations in Skopje from 26 to 27 November 2024. Dr Monika Karas, Vice-President of the State Audit Office of Hungary, represented the SAO at the event.
Bilateral meeting with the Chamber of Accounts of the Republic of Uzbekistan
November 27, 2024
On 26 November 2024, Dr. László Windisch, President of the State Audit Office of Hungary welcomed Mehriddin Abdullayev, First Deputy Chairman of the Chamber of Accounts of the Republic of Uzbekistan, and his delegation at his Office. In the framework of the bilateral meeting, the Hungarian and Uzbek supreme audit institutions concluded a Memorandum of Understanding document on sharing methodological and technological knowledge to support the development of public auditing.
Anniversary celebrations at the State Audit Office of the Republic of Croatia
November 27, 2024
To mark the 30th anniversary of the establishment of the State Audit Office of the Republic of Croatia, a conference was organised in Zagreb on 20-21 November 2024. The State Audit Office of Hungary (SAO) was represented at the event by Vice-President Dr. Csaba Szomolai.
Opinion of the State Audit Office of Hungary on Hungary’s 2025 Central Budget
November 27, 2024
On 27 November 2024, dr. László Windisch, President of the State Audit Office of Hungary, presented the SAO’s opinion on the Bill on the 2025 Central Budget to the National Assembly.