Organizational Management of the European Court of Auditors
Organizational Management of the European Court of Auditors

Summary/Abstract: In a modern democratic society, the functioning of an independent external audit is essential for complying with the obligation of transposing in efficient actions and of reporting the economic use of the public funds. The European Court of Auditors is the external control institution of the European Union and it contributes to improving in various aspects the financial management of the Union’s funds. The Court plays a crucial part for the Union’s citizens. The European Commission that has the mission of the European Union’s budget execution, must make sure that the Union’s funds are well managed, in compliance with the applicable legislation in the field. The Union’s funds’ management and control are performed in cooperation with the member states. The Union’s expenses are the object of multiple controls on several levels, both inside the Committee representing the administration of the member states and in the beneficiary countries. The Committee performs an internal audit, which contributes to providing an adequate control system and that must function as efficiently as possible. The Court’s purpose is that of an external auditor that assesses the budget financial management, so that there is provided an effective management to the citizens’ benefit.

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