# State audit findings in Montenegro and Serbia > Developing situation record from CLSTR: https://clstr.news/situations/state-audit-findings-in-montenegro-and-serbia > Updated: 2026-10-27T18:54:14.000Z. Sources: 9. Developments: 2. The State Audit Institution has identified various financial irregularities across different regions. In Montenegro, an audit of the voter group ‘Budva naš grad – Nikola Jovanović’ resulted in a negative opinion regarding its 2025 annual consolidated financial report. Auditors found that the group failed to report election campaign revenues and expenses, neglected to record non-monetary contributions, and failed to properly manage or chronologically record transactions from dedicated election financing accounts. In Serbia, auditors issued a negative opinion regarding the City of Belgrade’s 2025 consolidated financial statements. The audit revealed significant underreporting of natural assets, specifically land, by approximately 603.24 billion dinars, alongside underreported values for real estate and equipment. The Secretariat for Property and Legal Affairs was also noted for failing to conduct proper inventories for numerous buildings and facilities. ## Timeline ### 2026-10-27: State auditors report financial irregularities in Belgrade and Brod Moravica State auditors have flagged major financial irregularities, including a 5 billion euro land reporting error in Belgrade and unverified expenditures in Brod Moravica. 7 sources. https://clstr.news/cluster/state-auditors-report-financial-irregularities-in-belgrade-and-brod-moravica ### 2026-10-23: Montenegro DRI finds financial irregularities in Budva voter group Montenegro's State Audit Institution reported significant financial irregularities and unreported election campaign funds within the ‘Budva naš grad – Nikola Jovanović’ voter group for 2025. 2 sources. https://clstr.news/cluster/montenegro-dri-finds-financial-irregularities-in-budva-voter-group --- Cite as: State audit findings in Montenegro and Serbia. CLSTR, https://clstr.news/situations/state-audit-findings-in-montenegro-and-serbia