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Paragraph 44
 

Considering that one reason for failure to perform audits is the lack of a sufficient budget, the Concept document proposes reserving 1% of the Democratisation Fund – which is dedicated to the financing of political entities – to the audit of political entities. However, this proposal is not reflected in the draft law. The Venice Commission recommends complementing the draft law by more precise guarantees for the Office’s operational capacities, preferably both in terms of financial resources and of a sufficient number of specialised staff able to provide effective follow-up to the audit reports submitted by the external auditors. The provision of sufficient budgetary guarantees is all the more important as the selection of auditors repeatedly failed in the past for lack of candidates. It would appear that they considered the remuneration proposed as too low. As an alternative option, such problems could also be avoided by integrating the whole audit process in the Office and by recruiting financial auditors on a permanent basis.