According to Article 12, paragraph 3 of Finance Law No. 2018/012 of July 11 establishing the financial regime of the State and other public entities, the initial finance law, the amending finance law, and the settlement law are considered finance laws. While the first two are enacted upstream, at the beginning and during the fiscal year, the settlement law accounts for the actual execution of the other two. Among the important documents produced at the DGTFMC and annexed to the settlement law is the General State Account.

It comprises the general ledger of State accounts and the following financial statements:

• the statement of financial position or the balance sheet;
• the income statement;
• the statement of cash flows;
• the annexed statement under the conditions defined by the decree on the State Accounting Plan.

The Court of Accounts, after the transmission of this account, initiates the process of its certification. It ensures that the financial statements are regular, sincere, and present a true and fair view of the State’s financial position.