INTERNAL AUDIT OF COSTS IN A PUBLIC EDUCATIONAL INSTITUTION

Public educational institutions are largely financed by the state, local communities and parents. Their main costs are salary costs, material costs, service costs and amortization. This fee is used for the daily activities of the institution as well as for investment and maintenance of the investment. Expenses must, as required by law, be carefully planned in the financial plan and reported in the annual report. Public educational institutions, including their fees, must be supervised by internal auditors who ensure the legality of fees. The purpose of this paper is to present the results of an internal audit of the legality of fees in public educational institutions, along with their specifications. The author focuses on the Slovenian legislation and the Slovenian case of pre-school educational institutions, which, because of the use of public money and because of educating young children, must be especially careful in the use of money and the formation of fees. These findings can help the management of public education institutions along with internal auditors to understand the functioning of educational programs in the context of the legality of the costs incurred.