Report on the parallel audit on the Management and Control Systems for Assistance Granted under the Structural Funds

In 2000 the Contact Committee of the Heads of the Supreme Audit Institutions (SAIs) of the EU Member States and the European Court of Auditors (the Contact Committee) established a Working Group to carry out an exploratory survey of EU structural funds.

Subsequently the Contact Committee agreed that the Working Group should carry out a parallel audit on the application of the Structural Funds regulations, to ensure that all Member States establish appropriate audit trails and implement independent checks on 5% of transactions. The results of the audit would be used by all current and prospective new Member States in developing their own management and control systems.

In order to undertake this work, the Working Group developed an Audit Plan, to be used by SAIs in carrying out their respective national audits. As guided by the Core Group of Germany (Chair), Denmark, the Netherlands and the United Kingdom, the Working Group  finalised its combined report summarising the key findings and recommendations from the Country Reports.

Source: https://www.eca.europa.eu/sites/cc/Lists/CCDocuments/1959819/1959819_EN.PDF