The move is aimed at wrestling with reports claiming that European Union institutions continue to be riddled with fraud.
The EU anti-fraud office, OLAF, said in its latest report that 552 new cases were opened from last May to this June, with its caseload increasing by 30% compared to the two first years of its existence, for instance.
As a result, internal reforms are ongoing, with the commission taking the formal decision to disband its DG Financial Control from the New Year, its work being reallocated to audit officers in spending departments.
This change has been supported by increased training, advice on procurement procedures, strengthened audits and the establishment of a mobile help-desk providing immediate advice. Meanwhile, the commission has created 600 financial control posts within spending departments, so there will be no net-loss of financial officers.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
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If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day