Mandate and Benefits
The Austrian Court of Audit carries out audits on a federal, laender and municipal level in line with the independence laid down in the federal constitution. It scrutinises whether resources available are being used economically, efficiently and effectively. Our core tasks are auditing and consulting services.
The areas which may be audited by the ACA are mainly governed in the Federal Constitutional Law and the Austrian Court of Audit Act 1948. Furthermore, the ACA audits the financial affairs (i.e. the financial activties)
- of the state, the laender, municipal associations, municipalities and other legal entities provided for by law;
- of foundations, funds and institutes, which are administered by federal, laender or municipal institutions or individuals which themselves form part of a federal, laender or municipal institution;
- of organisations in which the state, a land or a municipality with at least 10,000 inhabitants holds at least 50% of the share, stock or equity capital, or which are operated by the state, a land or a municipality alone or together with other contracting parties or has de facto control and
- social insurance funds and statutory professional bodies (chambers).
In addition, we take on important special tasks, such as compiling the federal financial statements, working on the statement of financial debt, reviewing draft laws and regulations, functions according to the Incompatibility Act and the Income Limitation Act as well as the Party Act, functions relating to the report on the average incomes and retirement pensions paid by federal government enterprises and agencies and finally regarding the creation of expert opinions for arbitration panels, according to the Stability Pact 2008.
In the international arena, the ACA has been entrusted with chairing the General Secretariat of INTOSAI since 1968.
Due to our mandate and the goals we achieve as a result of our work and the effects of this, the ACA significantly contributes to underpinning trust in democracy and its institutions, achieving transparency in the use of public resources and we contribute to an increase in efficiency and effectiveness in the public arena. In this way we achieve considerable added value and benefits for society.