Press Release: EU accounting system: Reform delivers improved control

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Series Details IP/05/313 (16.3.05)
Publication Date 16/03/2005
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In the first report on the implementation of the new accounting system, introduced by the European Commission in January 2005, the European Commissioner for Financial Programming and Budget, Dalia Grybauskaité, highlighted the successful transition to a more complete and efficient accounting system, vital to ensure effective scrutiny over spending. With the swift establishment of the new system, the Commission aimed to meet the highest internationally-recognised standards for public bodies, improve the day-to-day management of funds, and minimise the risks of error or irregularity.

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http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/05/94&format=HTML&aged=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/05/94&format=HTML&aged=0&language=EN&guiLanguage=en

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