TechnologyAccounting SoftwareEC in hunt for accountants

EC in hunt for accountants

The European Commission is set to launch a major recruitment drive for accountants in its first public recognition that practitioners are urgently needed to prevent a repeat of the allegations of sleaze and financial mismanagement that have rocked Brussels this year.

An open competition will be held throughout Europe before the end of year. The move is expected to be backed by today’s second committee of independent experts fraud report. It will highlight Brussels’ failure to be more accountable and deal with whistleblowers.

British representative in the court of auditors John Wiggins said accountants were needed to help the process, but warned an underlying change in culture was as important.

‘The report will be another sharp blow for the Commission, with the accountancy profession insisting once again that the Commission needs to be more accountable,’ he said.

The report has been written with the assistance of internal auditor Paul van Buitenen whose allegations of fraud and mismanagement contributed to March’s resignation of all 20 commissioners.

Addressing MEPs this week, new Commission vice-president Neil Kinnock said auditors who discover financial mismanagement should pass on information to the new independent fraud unit, OLAF.

Related Articles

Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

2w Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

5m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
UK behind foreign markets in digital accounting, but gap is narrowing

Accounting Software UK behind foreign markets in digital accounting, but gap is narrowing

7m Alia Shoaib, Reporter
The rise of the progressive accountant

Accounting Software The rise of the progressive accountant

7m Emma Smith, Managing Editor
Making Tax Digital: Revolution or revolt?

Accounting Software Making Tax Digital: Revolution or revolt?

8m Emma Smith, Managing Editor
Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

Accounting Software Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

8m Emma Smith, Managing Editor
Four reasons why SME owners should switch to cloud accounting

Accounting Software Four reasons why SME owners should switch to cloud accounting

9m Emma Smith, Managing Editor