European Auditors Publish their Work Plan for 2019
The European Court of Auditors (ECA) has set aid provided by the state to banks as one of the main priorities as part of their work programme for the year 2019.
The ECA has said that it plans to address a number of issues that represent the challenges the EU is currently facing in addition to increasing focus on assessing the effectiveness of the existing EU programmes and policies in achieving the underlying objectives.
One of the programmes which the auditors currently plan to assess is the relocation scheme for refugees and the implementation of arrangements regarding border control and review of the EU’s defence policy. The ECA also aims to assess EU’s approach in determining Vehicle’s emissions, the effectiveness of cross-border healthcare and analyzing whether the EU policies regarding climate and energy makes use of ‘green’ criteria when making decision regarding which investment to carry out.
The audit priorities set by the ECA also include tasks such as investments in developing road infrastructure connecting various European regions, pesticides, funding to promote culture and aid provided by state to banks.
The ECA has further said that its programme with regards to its future work comes at an important time in context of the EU laying down their long-term plan with regards to spending for the years 2021 to 2027.
- AIM-listed Mining Company GoldStone Switches Auditor
- New Study Reveals 55% of Public Believe Auditors’ could Prevent Company failures’
- FRC Hands KPMG a £5m Fine over Co-Operative Bank’s Audit Failings
- IAASB Consults on Simplifying Auditing Standards for Small Entities with Less Complexities
- Anglo American Replaces Deloitte with PwC as its External Auditor
- SEC uncovers $20m Accounting Fraud at Celadon Group
- Deloitte Resigned as Ferrexpo Auditor over Concerns Regarding Misappropriation of Charity Funds