During the starting period, upon the World Bank proposal, we have adopted Audit Office Business Plan. As a part of Program of Operations, Audit Office has chosen to develop as a modern audit institution which would, in e short period, and in accordance with generally accepted, international audit standards, acquire its political, financial and operational independence.

Referring to this, the Audit Office has defined following strategic objectives:

• to enhance responsibility of spending public funds by audit of financial statements, financial systems and transactions;
• to achieve transparency of budget expenditures through publishing of audit reports and developing public relations;
• to increase quality and reliability of financial processes and ba giving information and recommendations which affect the budget management;
• to ensure compliance of budget users operations with the law and identify aberrations in order to take adequate actions;
• to provide the Presidency of BiH and Parliamentary Assembly of BiH with information for efficient management and control of public funds through process of reviewing and checks based on audit reports;
• to enhance the domestic and foreign public confidence regarding the BiH institutions through adequate financial controls and transparency of financial transactions.