As part of the final report, an audit report should be drawn up to allow the Commission to check and to validate the final statements of expenditure and income.
The Standard Agreement and Common Provisions stipulate that an auditor, nominated by the beneficiary, must verify the statement of expenditure and income submitted to the Commission in the final report (Article 27 SAP/CP). The final statements of expenditure must therefore be subject to a certified financial audit.
The purpose of the audit is to certify that all cost incurred comply with national legislation, accounting rules and SAP/CP. The audit will cover the use of funds from all project sources of financing including partner's expenses.
The audit report should be drawn up to allow the Commission to check and to validate in an effective way the statements of expenditure and income, in order to close the project as soon as possible.
The Commission has drawn up a standard audit report which contains the methodology and checks to be performed by the auditor.
The Commission would also ask the auditors to use English as the working language or at least to attach a translation of their report in English.
The beneficiaries are advised to request offers from different auditors to obtain a reasonable and correct price.
LIFE projects funded before 2004
LIFE projects funded in 2004
Download: Standard audit report for projects funded
LIFE projects funded in 2005 and 2006
Download: Standard audit report for projects funded in 2005 and 2006
This Commission note presents cases where an ex-post audit of a LIFE project's accounts ended in a recovery order.
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