The Institution is the supreme state body for auditing public funds in the Republic of Serbia. The Institution is an autonomous and independent state body. In execution of operations from its competence, the Institution is accountable to the National Assembly of the Republic of Serbia. Enactments by which the Institution performs its auditing competence cannot be a subject of dispute before courts and other state bodies. The Institution has the status of a legal entity. The Institution has a stamp, in accordance with the Law.