International Audit Standards for EU Funded Projects

Online, April 19, 2013 (Newswire.com) - 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, tailor-made 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.

Key elements:
• 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 Commission's approach to audits of EU Funds
• How to match auditing standards to EU audit requirements
• How to avoid the most frequent mistakes when auditing EU Funds

Further details about the programme, the speakers and the registration formalities for this audit seminar are to be found in the event booklet: http://www.euroakad.eu/fileadmin/user_upload/dateien/seminars/International_Audit_Standards_for_EU_Funded_Projects_PR.pdf

The European Academy for Taxes, Economics & Law is an educational network for knowledge regarding the latest, relevant developments in Europe. Educational tools are specialised events for advanced learning and these vary from national and European seminars to workshops, panel discussions, in-house training, conferences and symposiums. These events provide the most current and relevant information with high practical relevance for authorities on the European, national, regional and local level and for private companies all across Europe.