“Double payments… complex and time-consuming process” says the Audit Office for “in favor” sponsorships – What it says in the Special Report
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The Audit Service has published the Special Report on “Regulatory Audit of sponsorships and “in-kind” sponsorships paid by the Ministry of Finance and the General Accounting Office of the Republic”
He notes, among other things, in the findings that the process is complex and time-consuming, as a result of which there is increased administrative cost and increased risk of errors, such as double payments.
VIEW THE REPORT HERE
The main findings in detail:
Source: cyprustimes.com