The European Court of Auditors
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2 pages
English
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Description

The annual report is adopted every year in November and — What is the European — What powers have been conferred examined by the European Parliament in the context of the deci­sion it takes in respect of the discharge it grants, on the rec­Court of Auditorsi upon the European Court of Auditors? ommendation of the Council, to the Commission for its bud­getary management. The aim of the Court's audits is to check that revenue and The European Court of Auditors is the institution responsi­expenditure comply with all the relevant legal provisions, in accor­In addition to this, the European Court of Auditors may, at ble for overseeing the finances of the European Union and the dance with the Community's budgetary and accounting princi­any time, make observations regarding, in particular, specific bodies set up by it. For 1995, including the lending and bor­ples. The Court also checks whether the financial management areas of management. This is usually done by means of spe­rowing activities, this involves some ECU 95 000 million (about has been sound by ascertaining whether, to what extent and at cial reports, which, as a rule, are also published in the Official UKL 75 000 million or IRL 76 000 million). what price financial management objectives have been achieved. Journal.

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Nombre de lectures 29
Langue English

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