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 ?
At the same time, the Member States in Central and Eastern Europe are not well served by East-West relations nor linked to each other, the European Court of Auditors has established so far.
The European Court of Auditors carries out financial audits of whether the EU accounts present a true and fair view of the results as well as compliance checks.
14 last year to endorse the appointment of Parts as a member of the European Court of Auditors. MEPs approved the nomination by 488 votes to 133 with 88 abstentions.
"The European Court of Auditors said that such a scheme is not able to be done in the EU without interference from competition.
The National Audit Office has issued a report summarising the results of the European Court of Auditors' examination of the European Union's accounts for 2007 and progress on initiatives by the European Commission and member states.
THE European Court of Auditors has refused to sign off the books of the EU for the past 13 years because of suspicions of widespread fraud and mismanagement.
I NOTE that the European Court of Auditors has, for the 14th year in succession, refused to certify the European Union budget.
"Now we find that the European Court of Auditors shares our concerns and has asked for a halt to the abuses.
And, finally, they called on the European Court of Auditors to prepare a report on the effectiveness of executiveagencies before 2009.
THE EUROPEAN Court of Auditors' 12th annual refusal to give the European Union's (EU) accounts a complete positive assurance has sparked criticism this year, with both EU anti-fraud Commissioner Siim Kallas and--surprisingly--the UK House of Lords defending Brussels' bookkeeping.
There is growing speculation that Mr Brennan may be appointed Irish representative at the European Court of Auditors, a position recently occupied by former Justice Minister Maire Geoghegan-Quinn.
EU patients still face challenges in benefiting from the actions envisaged by the EU directive on cross-border healthcare, according to a new report by the European Court of Auditors. Only a minority of potential patients are aware of their rights to seek medical care abroad.

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