ORDER OF THE MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

of July 18, 2023 No. 118n

About introduction of amendments to some Orders of the Ministry of Finance of the Russian Federation concerning implementation of internal financial audit

According to Item 5 of Article 160.2-1 and the paragraph to the forty fifth Article 165 of the Budget code of the Russian Federation, and also for the purpose of enhancement of normative legal regulation of implementation of internal financial audit I order:

1. Approve the enclosed changes which are made to some orders of the Ministry of Finance of the Russian Federation concerning implementation of internal financial audit (further - changes).

2. Determine that this order is applied when implementing internal financial audit since January 1, 2024, except for provisions of paragraphs of the eighth, twenty second, twenty sixth and thirty first subitem "an" of Item 2, of the subitem "b" of item 4 and the subitem "b" of Item of 6 changes applied when updating the register of budget risks in 2023 and scheduling of holding auditor actions for 2024 and the period to the term of submission of the consolidated (individual) annual budget reports for 2024.

Approved by the Order of the Ministry of Finance of the Russian Federation of July 18, 2023 No. 118n

Changes which are made to some Orders of the Ministry of Finance of the Russian Federation concerning implementation of internal financial audit

1. In the federal standard of internal financial audit "The rights and obligations of officials (workers) when implementing internal financial audit", No. 195n approved by the order of the Ministry of Finance of the Russian Federation of November 21, 2019 (registration No. 56862) is registered by the Ministry of Justice of the Russian Federation on December 18, 2019, with the changes made by the order of the Ministry of Finance of the Russian Federation of September 1, 2021 No. 120n (registration No. 65208) is registered by the Ministry of Justice of the Russian Federation on September 30, 2021:

a) state Item 3 in the following edition:

"3. Officials (workers) of the subject of internal financial audit (the authorized officer, members of auditor group) at implementation of internal financial audit have the right:

receive from subjects of budget procedures the documents and actual data, information, necessary for implementation of internal financial audit, connected with budget procedures and (or) transactions (actions) for accomplishment of budget procedures including explanations in written and (or) oral form;

get access to the applied software and information resources providing execution of budget powers of the chief manager (administrator) of budgetary funds and (or) containing information on transactions (actions) for accomplishment of the budget procedure;

get acquainted with organizational and administrative and technical documents of the chief manager (administrator) of budgetary funds to the applied software and information resources used by subjects of budget procedures, including the description and application of means of information protection;

visit rooms and the territories which are occupied by subjects of budget procedures;

advise subjects of budget procedures for the questions connected with enhancement of the organization of internal financial control, improvement of quality of financial management, including with increase in effectiveness and economy of use of budgetary funds;

perform professional development by acquisition of new knowledge and abilities, development of professional and personal qualities for the purpose of maintenance and increase in the skill level necessary for proper execution of job responsibilities in case of implementation of internal financial audit;

request and receive from chief managers (administrators) of budgetary funds with which in interaction budget procedures are performed and to request from other legal entities (organizations) to whom separate powers, including the powers of the state (municipal) customer and budget powers specified in Item 10.1 of Article 161 and in Item 6 of Article 264.1 of the Budget code of the Russian Federation are delegated (further - separate powers), documents and actual data, information, and also access to their applied software and information resources, necessary for implementation of internal financial audit, if public authorities (state bodies), governing bodies of state non-budgetary funds, local government bodies (their territorial authorities, subordinated state organizations) and the state corporations, being chief managers (administrators) of budgetary funds, delegated the separate powers;

be guided by provisions of the professional standard "Internal auditor" <1>, applicable in case of implementation of internal financial audit, regarding the provisions which are not settled by the federal standards of internal financial audit established by the Ministry of Finance of the Russian Federation, and also departmental (internal) acts of the chief manager (administrator) of budgetary funds providing implementation of internal financial audit.";

b) add with Items 3 (1) - 3(2) following contents:

"3(1). Consultation of subjects of budget procedures for the questions connected with enhancement of the organization of internal financial control, improvement of quality of financial management is performed according to the decision of the head of the subject of internal financial audit, including on questions, certain:

in case of assessment of budget risks and the analysis of methods of their minimization (elimination), including according to addresses of subjects of budget procedures;

in connection with change within the current financial year in activities of the chief manager (administrator) of budgetary funds, including change of its organizational structure;

in connection with change within the current financial year of amount of the budget powers which are independently performed by the chief manager (administrator) of budgetary funds according to Articles 158, 160.1, 160.2 and 162 of the Budget code of the Russian Federation and the adopted regulatory legal acts (municipal legal acts) regulating budget legal relationship;

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