The Department evaluates the efficiency of measures related to innovations and the goals of socio-economic development of the country, and it also performs one of the fundamental tasks of the Accounts Chamber — to form a strategic vision for the management of public authorities and state organizations and improve the efficiency of public resource management.
The main activities of the Department include auditing the country's economic development. It implies monitoring of the socio-economic situation, evaluating medium-term forecasts, and identifying risks of failure to achieve the goals outlined in the strategic planning documents of the Russian Federation.
The Department is responsible for innovations audit, which includes an assessment of the development of legal conditions for such activities. The structural unit of the Accounts Chamber identifies internal and external factors that restrict the design and implementation of innovations and hinder the technological development of the country.
Another task of the Department is to audit implementation of the UN Agenda for Sustainable Development and assess the readiness of the public administration system to implement the Sustainable Development Goals (SDGs). The Department also prepares the analysis for the Working Group of the International Organization of Supreme Audit Institutions (INTOSAI) on SDGs and key indicators of sustainable development.