Regulation of financial legitimacy and effectiveness

The Inspectorate uses the audits prepared by the institutions’ accountants as its primary source of information for the regulation of financial legitimacy. We also look into whether funding for education has been secured and spent in accordance with legislation and regulations (legitimacy). Our inspection reports are public documents and may be used to order a governing body or institution to take remedial measure or to reclaim funding.

We also look into whether educational resources have been allocated efficiently and cost-consciously (efficiency). We publish our findings in reports that are publicly available on our website. At present, we do not issue judgements on financial efficiency. Our activities in this area fall under the category of motivational regulation.