The State Audit Office of Georgia conducted an audit of the Ministry of Education, Science and Youth of Georgia and units under its control consolidated financial statements which comprise consolidated the statement of financial position as at December 31, 2023, and consolidated the statement of financial performance, consolidated statement of changes in net assets/equity, consolidated statement of the comparison of budget and actual amounts and disclosure notes to the financial statements, including a summary of significant accounting policies.
In our opinion, except for the effects of the matter described in the “Basis for Qualified Opinion’’ section of our report, consolidated financial statements of the Ministry of Education, Science and Youth of Georgia taking into account all material aspects, have been prepared in accordance with the proper principles of accounting and presentation of financial statements established by the legislation of Georgia for budgetary organizations.
