Review article
https://doi.org/10.31297/hkju.17.1.4
External Financial Auditing of Local And Regional Governments by Regional Audit Institutions in the European Union
Rudy Chouvel
; University of Paris I Panthéon-Sorbonne, Paris, France
Abstract
In the European Union, external financial auditing of local and regional government entities is performed according to four distinct methods. Only six states (Germany, France, Spain, Austria, Poland, and the Netherlands) resort to the use of regional audit institution (RAI). RAIs may carry out this function for local governments as a whole, or selectively. They control accounting regularity and management performance according to procedural methods that present certain analogies in all the states that have RAIs. The follow-up to RAI recommendations is of unequal scope and depends on each state. In some states, these recommendations are considered to be of imperative character, while in others their effect is considered to be achieved by the mere publication of the control report.
Keywords
external audit; financial auditing; accounts; public finance; local government; RAI; financial management
Hrčak ID:
178721
URI
Publication date:
29.3.2017.
Visits: 1.831 *