Statute Regulating Financial Affairs in Universities · Article 36

The external auditor shall review and audit the university’s end-of-year statement, which includes the University’s financial status and shall submit a report thereon to the University Council within a maximum of two months from the date of the end of the fiscal year. With the end-of-year statement, he shall submit his assessment of the University’s financial status and the extent to which he is satisfied with any clarifications or information he has requested from the University administration. The assessment shall be accompanied by a report that includes his comments, suggestions, and analysis of the end-of-year statement.