The Role of the European Court of Auditors in Identifying Errors related to the Expenditures of the European Union

Résumé

The mission of the European Court of Auditors is to ensure the independent audit on the way of creating and using the European Union funds and of thusly evaluating the way in which the European institutions fulfil their duties, aiming both at improving the management of the financial resources and informing the European Union’s citizens regarding the use of the public funds by the authorities bearing management responsibilities. The Court of Audits does not hold jurisdictional prerogatives. In the case where the auditors find out irregularities, including frauds, the competent community bodies are motivationally notified, the European Anti-Fraud Office.