European Court of Auditors

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European Court of Auditors

formerly, the Court of Auditors set up under the Merger Treaty, an institution of the European Union since the 1992 Treaty on European Union. Presently it is composed of 25 members appointed for six years by unanimous decision of the Council of the European Union after consulting the European Parliament and must include a national from each Member State. It checks European Union revenue and expenditure for legality and regularity and ensures that financial management is sound. It has the power to report any irregularities to the European Parliament and the Council, and its audit responsibilities have been extended to Community funds managed by outside bodies and by the European Investment Bank.
References in periodicals archive ?
The Austrian Court of Auditors reviewed the implementation of the Austrian Broadband Strategy 2020 (broadband billion) in 2017, whereby the Ministry of Transport, the Austrian Research Association (FFG) and the Federal Chancellery in Vienna ( III-187 dB ) were included in the audit .
(TAP) -- The 2016-2021 "Sharaka" co-operation project between the Tunisian Court of Auditors and the Netherlands Court of Audit (NCA) was officially launched on Friday in Tunis.
In a report published on 10 November on execution of the 2008 budget (see other article), the EU Court of Auditors notes that at least 11% of that year's total payments should not have been made.
Donations of over 2,500 must be reported to the Court of Auditors immediately and published.
(TAP) - Fifteen teams are competing to win the final of the hackaton of the Court of Auditors "Hack 4 transparency", which started on Saturday in Hammamet.
The European Court of Auditors has announced that it is starting to audit the EU funding of the road network connecting the Member States and their regions.
They counter claim that the EU accounts have, since 2007, been found to be fair and accurate by their own European Court of Auditors.
European Court of Auditors member Lazaros Lazarou, who presented the report to President Nicos Anastasiades, said Cyprus was on track for full absorption of funds for the period 2014-2020.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah Acting Chairman for Kuwait's State Audit Bureau (SAB) Adel Al-Saraawi and visiting Lebanese President of the Court of Auditors Judge Ahmad Hamdan and head of the Court of Audit Jud KUWAIT, June 25 (KUNA) -- His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received on Monday at Seif Palace Acting Chairman for Kuwait's State Audit Bureau (SAB) Adel Al-Saraawi and visiting Lebanese President of the Court of Auditors Judge Ahmad Hamdan and head of the Court of Audit Judge Abdul Rida Nasser and their accompanying delegation.
Summary: At a press conference held on Thursday (June 29) in Tunis, the Court of Auditors presented its 30th annual report, consisting of 27 chapters, including the results of monitoring missions
The European Union has to be more demanding of the authorities of the Democratic Republic of Congo (DRC) to keep financial aid to the country from vanishing into thin air, says the EU Court of Auditors. "The effectiveness of EU assistance for governance in the DRC is limited," although the country is one of the main beneficiaries of European Development Fund support, with nearly 1.9 billion euro paid between 2003 and 2011, states a report, published on 1 October.
The European Commission and the member states have not managed efficiently or effectively the EU measure aimed at improving the economic value of forests, states the EU Court of Auditors in a critical report, published on 19 September(1).