The State Audit Office of Georgia (SAOG) has conducted an independent Financial Audit of the Activity – Plant Safety Systems Initiative funded by the Government of Georgia and the United States Agency for International Development (USAID) and implemented by the LEPL National Food Agency (NFA).
The audit was conducted based on the Memorandum between USAID and the SAOG and covered the period from February 2, 2021 to April 1, 2022.
The objectives for the financial audit were to:
- Express an opinion on whether the Schedule of Expenditure for the USAID-funded Activity presents fairly in all material respects, in accordance with Generally Accepted Accounting Principles;
- Evaluate NFA’s internal control system related to the Activity, assess control risk, and identify significant deficiencies including material weaknesses;
- Perform audit procedures to determine whether NFA complied, in all material respects, with the Agreement terms (including cost-sharing/matching contributions) and applicable laws and regulations related with the Activity.
