In this way we obtained concise and reliable information on the grounds of which it is possible to identify potential problems fast and easy. We delivered a clear message to this industry’s representatives, at times including through unpopular measures, that neither manipulations in the financial statements, nor major errors in them would be tolerated.
This enabled us to reduce by far the level of supervisory intervention in on-site inspections of reliability of business books and financial statements, giving us the opportunity to devote our resources and time to new topics, introduced by the challenges of the contemporary environment.