Audits of EU Funds have to follow international auditing standards, a duty which is described in Article 62 of the EU Regulation EC 1083/2006. These audit standards will continue to apply during the new programming period 2014-2020.
When auditing EU-funded projects, auditors at all levels have to consider a large amount of standards issued by organisations such as IFAC, IIA, and INTOSAI. These standards outline necessary steps to ensure the quality control of the audit of a financial statement, proper audit documentation, audit materiality, and external confirmations, to name a few.
At this European seminar, tailored to the needs of experts from all institutions involved in the management and control of projects co-financed through EU Funds, participants will learn how to use the different international auditing standards. The acquired knowledge will enable attendees to improve significantly the quality of their audits.
What will you learn at this seminar:
What are the differences between the international auditing standards
How to assess risk management according to IIA standards
What audit standards should you follow to ensure correct reporting
What is the European Commissions approach to audits of EU Funds
How can you match auditing standards to EU audit requirements
How can you avoid the most frequent mistakes when auditing EU Funds
Further details about the programme, the speakers and the registration formalities for this audit seminar you can find in the event booklet: http://www.euroakad.eu/fileadmin/user_upload/dateien/seminars/International_Audit_Standards_for_EU_Funded_Projects_PR.pdf