The Department conducts an audit of the Bank of Russia, development and financial market stability policies, as well as audit of the internal and external debt of the Russian Federation and debt of foreign states and foreign legal entities to the Russian Federation.
The Department audits the activities of the Central Bank, its structural divisions, other banks and non-bank credit organizations, financial and insurance organizations, as well as financial development institutions (including the Deposit Insurance Agency and VEB.RF), regarding their servicing federal budget funds.
The department is responsible for the audit of state internal and external debt of the Russian Federation, debt of foreign states and foreign legal entities to the Russian Federation, budget loans provided from the federal budget.
The Department conducts an audit of the formation, placement and use of funds of the National Wealth Fund, as well as evaluates the efficiency of the operations with state reserves of precious metals and gems.
The Department includes the following audit units on:
- Debt policy of the Russian Federation and State debt;
- Bank of Russia and financial markets;
- Banking sector and development institutions;
- Consolidated analytics.