consider such request, taking into account the object of the present Decree-Law and the circumstances of such request. Article 14 Budget 1. The Authority shall prepare and present to the Minister of Finance a budget for each financial year in accordance with: a) The principles of transparency, efficiency, cost recovery and appropriate provisioning set forth in the Budget and Financial Management Law; and b) The laws governing public entities vested with administrative and financial autonomy. 2. The Minister of Finance shall submit such budget to the National Parliament together with the national budget. Article 15 Audit 1. The Authority shall keep accounts of its revenues and expenditures and shall prepare financial statements of its activities and the Universal Access Fund established pursuant to article 58 at the end of each financial year. 2. The Authority’s financial statements and those of the Universal Access Fund shall be subject to audit under such audit process as required under the laws of Timor-Leste governing public entities vested with administrative and financial autonomy, aiming at completing such audit within 60 days from the end of each financial year. 3. The financial statements shall itemise revenues, expenditures and any surplus or deficit, and shall: a) Justify any large non-recurring revenue or expenditure; and b) Justify large differences between the budget and its financial statements for the respective period. 4. The Authority shall publish the audited financial statements together with any auditor’s report on its website. Article 16 Reporting 1. The Authority shall prepare and publish an annual report for each financial year. 2. Each annual report shall include: