Sets of financial and budget execution reports

The Directorate, following the latest version of the Public Sector Accountability Law, prepares and publishes sets of financial and budget execution reports. These reports are submitted quarterly during the current year, and at the end of the financial year, annual sets of reports are compiled. These sets are prepared according to accounting standards and the general chart of accounts.

• Sets of budget execution reports are compiled in accordance with the rules for the preparation of budget execution reports of state and municipal budgetary institutions and other entities at a lower level, which are established and amended by the Minister of Finance of the Republic of Lithuania.
• Sets of financial reports are prepared according to the Public Sector Accounting and Financial Reporting Standards (VSAFAS), established and amended by the Minister of Finance of the Republic of Lithuania.

More information about the accounting and financial reporting of public sector entities can be found on  the website* of the Ministry of Finance of the Republic of Lithuania.

^{*Information available only in Lithuanian.}