First published on
08 June 2021

The financial regulation (Art.247) requires the Commission to communicate to the European Parliament and the Council a set of financial and accountability reports, which constitute essential input for the annual “discharge procedure”, through which the European Parliament and the Council hold the Commission accountable for the way it manages the EU budget.

The Integrated Financial and Accountability Reporting package consists of five reports on the implementation, performance, results, management and protection of the EU budget.


BrochureJuly 2021

Integrated Financial and Accountability Reporting – Overview 2020

Summary of the reports of the IFAR package and its key messages, and the main features of the EU budget.
Planning and management documents08 June 2021

Annual management and performance report 2020

Annual management and performance report 2020
Report01 July 2021

Annual accounts 2020

Consolidated annual accounts of the European Union and financial statement for 2020.
Report15 July 2021

Report on the follow-up to the discharge for the 2019 financial year

The Commission reports on how it proceeded with the requests made by the Parliament and the Council during the discharge procedure.
Report08 June 2021

Annual report to the Discharge Authority on internal audits carried out in 2020

Synthesis of the recommendations made by the Internal Audit Service and the actions taken on those recommendations.
Report30 June 2021

Long-term forecast of future inflows and outflows of the EU Budget (2021-2027)

Provides the payments and revenue forecast covering the next seven years, based on the Multiannual Financial Framework.

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