Finanzkontrolle kanton Zürich as the central institution for supervising transparency and accountability of thе state of Zurich

Mr. Martin Billeter, Head of Audit Authority of the State of Zurich, shared the role of Finanzkontrolle Kanton Zürich (FKZ) with the delegates. It is a central institution that is responsible for overseeing the transparency and accountability of the State of Zurich in Switzerland. The FKZ is an independent body that reports directly to the Zurich Cantonal Council. The main role of the FKZ is to oversee the financial management and performance of the State of Zurich. This function includes monitoring the state's financial statements, auditing the accounts of government departments, and assessing the effectiveness of internal controls and risk management processes. In addition to financial oversight, the FKZ is also responsible for monitoring compliance with legal and regulatory requirements, including procurement regulations, public tendering procedures, and data protection laws. The FKZ works closely with other government agencies, such as the cantonal audit office and the department of finance, to ensure that financial management is carried out in accordance with established policies and procedures.