|Author (Corporate)||European Commission|
|Series Details||COM (2019) 312|
Communication adopted on 26 June 2019 by the European Commission presenting the annual accounts for the 2018 financial year.
The accounts of the EU are kept in accordance with Regulation (EU, Euratom) No 1046/2018 on the financial rules applicable to the general budget of the Union (the Financial Regulation). The EU prepares its financial statements on the basis of accrual-based accounting rules that are based on International Public Sector Accounting Standards (IPSAS). Financial statements are presented annually. The accounting year begins on 1 January and ends on 31 December.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||EU Budget|
|International Organisations||European Union [EU]|