Cross-sectional audit Guarantee credits – Capture and sharing of data
Audit number: 12411
With the Financial Budget Act of 18 December 1968, the guarantee credit was expanded to become fully enshrined in law as an instrument to safeguard the financial sovereignty of Parliament. Since then, the administrative units have been required to carry out guarantee credit controls. These must provide up-to-date documentation of current and planned use of guarantee credits. The Federal Council must report on the status of guarantee credits within the framework of the federal financial statements.
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