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Taking stock of 'single audit' and the Commission's reliance on the work of national audit authorities in cohesion, European Court of Auditors

Label
Taking stock of 'single audit' and the Commission's reliance on the work of national audit authorities in cohesion, European Court of Auditors
Language
eng
Abstract
The Court considers that the Commission has made considerable progress on developing a 'single audit' system based on which it can draw assurance as to the legality and regularity of ERDF/CF and ESF expenditure from the work of national audit authorities. The court estimates the cost of these audit authorities at around 860 million euro for the entire 2007-2013 programming period (0,2 % of the ERDF/CF and ESF budget). The court found that the error rates reported by audit authorities and the member states' information on financial corrections are not sufficiently reliable to effectively implement the 'single audit' provisions for all programmes. The commission may therefore underestimate the problems in the cohesion area in its reporting to the European parliament and the council.-- EU Bookshop
resource.governmentPublication
international or intergovernmental publication
Illustrations
mapsillustrations
Index
no index present
Literary Form
non fiction
Main title
Taking stock of 'single audit' and the Commission's reliance on the work of national audit authorities in cohesion
Oclc number
881304208
Responsibility statement
European Court of Auditors
Series statement
EDC collectionSpecial report, no. 16/2013
Content
resource.issuingbody
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