The whistle-blowing former EU chief accountant was suspended from her post earlier this year after she claimed that accounting systems were open to fraud.
But today Michaele Schreyer, the EU budget commissioner, will say the current accounting system cannot cope with new financial regulations, according to a report in the Financial Times.
Andreasen was told at the time, by former budget director-general Jean-Paul Mingasson, that her preferred technology choice, SAP, would be too expensive and that, he did not want it.
But Schreyer’ overhaul of the current Sincom 2 system is extremely likely to involve SAP technology. ‘If this is correct, then the arguments I was making earlier in the year have been vindicated,’ said Andreasen.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements