Audit on the EU instrument for pre- accession assistance (IPA) -the case of the Republic of Macedonia
Audit on the EU instrument for pre- accession assistance (IPA) -the case of the Republic of Macedonia

Summary/Abstract: The Instrument for Pre- Accession Assistance - IPA is a very important tool which helps candidate countries pave their way to the accession in the European Union. The benefits of this instrument are twofold: one is the financial aid which is made available and the second is the exchange of knowledge and experience between the institutions of the Member State and the beneficiary country. The Republic of Macedonia, as a beneficiary of IPA funds since 2007, designed and established a comprehensive system of structures and authorities which are in charge to manage these funds.Nevertheless, the importance of the national audit structures, external and internal audit authorities or bodies in this system, is not to be underestimated. Their work and opinion is highly valued by the IPA management structures when it comes to providing assurance that the IPA funds are properly used. Considering its significance in the country, the audit of IPA funds has been chosen to be the main subject of this paper, the purpose of which is to analyze the organizational setup and the responsibilities of the audit structures, as well as to highlight their important role and contribution to good management of IPA funds. Second objective of this paper is to determine the main areas of improvement in performing audit on the IPA funds.

• Details
• Contents