PracticeAuditEU needs better controls

EU needs better controls

Further audits are unnecessary, says accounting watchdog chief

The EU needs more effective controls and a proper accounting system, not
further audits, a senior accounting watchdog has said.

Chris Dickson, executive counsel of the
Joint Disciplinary Scheme, makes the
point in a letter to the FT published
today.

‘With due respect to Ed Balls, the economic secretary to the Treasury, he has
completely missed the point. What is needed is not more “vetting” of European
Union accounts (the Court of Auditors has shown itself to be perfectly competent
to undertake that task) but rather a proper accounting system with effective
controls within the Commission and its various offshoots,’ Dickson wrote.

The government last week
pledged to publish its own
statement of account on its EU spending, to be audited by the National Audit
Office.

Dickson says that vested interests are preventing moves to tighten
controls and maintaining the status quo.

Further reading:

UK statement on EU spend to
be audited by NAO

Watchdog slates firms’ super
audit plans

Deloitte beats JDS rap and
eyes costs

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