The European Court of Auditors (EU)

EENI- School of International Business

Subject: The European Court of Auditors (European Union). Syllabus:

1. Introduction to the European Court of Auditors of the European Union
2. The role of the European Court of Auditors

The objective of the Subject “The European Court of Auditors” is to understand the role of the European Court of Auditors as the financial supervisor of the European Union.

Sample of the subject - The European Court of Auditors:

Description of the Subject - European Court of Auditors:

In 1997, the European Union set up the European Court of Auditors to verify that the EU funds are used correctly and improve the financial management of the European Union.

1. The European Court of Auditors acts as an “external auditor” of the EU, thus ensuring the interests of the EU taxpayers
2. Any institution or person managing the EU funds has to be overseen by the European Court of Auditors
3. It is important to note that the European Court of Auditors has no legal capacity
4. The European Court of Auditors consists of one member from each EU country
5. Its head office is in Luxembourg (Europe)

All the countries of the European Union (Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, France, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, the United Kingdom (BREXIT), the Czech Republic, Romania, and Sweden) are members of the European Court of Auditors of the EU.

The European Court of Auditors of the EU belongs to the European Economic Area of the Western Civilisation.