A financial audit has focus on the correctness of the information presented in the financial statements.
The purpose of financial audit is to assess whether the information presented in the financial statements is correct, i.e. have the financial statements in all material respects been prepared in accordance with the appropriation acts and the government accounting regulations. The financial statements should also provide the public with a complete and reliable picture of public spending.
Another purpose of financial audit is to form an opinion on whether the ministry has in all material respects complied with the appropriations and transaction regulations.