Accounts Chamber of the Russian Federation

Accounts Chamber of the Russian Federation

 

The Accounts Chamber of the Russian Federation is a permanent supreme body of external public audit (control) accountable to the Federal Assembly of the Russian Federation. The Accounts Chamber is carrying out its activities based on the principles of legality, efficiency, objectivity, independence and openness.

The goals and functions imposed on the Accounts Chamber by applicable legislation make it a key element of the system of public control over use of national resources and also an instrument of reconciling short-term socio-economic solutions yielding a quick effect with the long-term interests of the society and strategic goals of public development. This underlines the Accounts Chamber mission and the strategy of its activities.

The Accounts Chamber mission is to control management and use of national resources in order to foster conditions ensuring decent life and free development of a human being.

The Chairman of the Accounts Chamber is appointed by the State Duma upon recommendation of the President of the Russian Federation for a term of six years. The Deputy Chairman of the Accounts Chamber is appointed by the Federation Council upon recommendation of the President of the Russian Federation for a term of six years. Upon recommendation of the President of the Russian Federation, the Federation Council and the State Duma each appoint six auditors of the Accounts Chamber for a term of six years.

One and the same person cannot hold the above positions for more than two consecutive terms.

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