The Reform of Financial Control System in Public Sector

Abstract

The beginning of Lithuanian financial control reform is year 2000. The internal audit law was created in this year
base. In 2000-2001 the major part of internal audit obligations and internal audit job public institutions was created. In the
same year 2001 Lithuania prepared the standards corresponding with the international internal audit standards.
Year 2001 was especially important in external audit area. Public Control Institutions prepared the strategic plan of The beginning of Lithuanian financial control reform is year 2000. The internal audit law was created in this year
base. In 2000-2001 the major part of internal audit obligations and internal audit job public institutions was created. In the
same year 2001 Lithuania prepared the standards corresponding with the international internal audit standards.
Year 2001 was especially important in external audit area. Public Control Institutions prepared the strategic plan of