06.05.18, PIFC-External Audit - FINAL - 10.40 and 11.00

Screening Chapter 32 –Screening Chapter 32 –Financial control (PIFC and External audit)Screening meeting on 18 May 2006 for Croatia and Turkey andPederJAKOBSSONDG BUDG B.3 1????????ContentPublic Internal Financial Control (PIFC)External AuditPoints for the bilateral meetingThe next stepsDG BUDG B.3 2??Public Internal Financial ControlManagerial accountability (basic principle)– Financial Management & Control systems (FMC)– Internal Audit– Central Harmonisation Unit (CHU)DG BUDG B.3 3??Managerial accountabilityAccountability ~ Responsibility–– Establishment of FMC systems and supervise operations– Establishment of Internal Audit–– Report on the state of play of the FMC systems– state play thesystemsDG BUDG B.3 4????????Public Internal Financial ControlManagerial accountabilityFinancial Management & Control systems (FMC)Internal AuditCentral Harmonisation UnitUnit (CHU)DG BUDG B.3 5????????Financial Management & Control (1)All kind of commitments (budget allocations/appropriations, contracts)All tendering and contracting aspectsAll kind of income, disbursements, management of assets and liabilitiesRecovery of unduly paid amountsDG BUDG B.3 6????????Financial Management & Control (2)Some elements to ensure sound financialmanagement and controlClear lines of responsibilitiesImplementing FMC manuals– Accounting, archiving, transparency– Authorization– Ex-ante financial control– ...