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Auditing Financial Crisis Recovery in the EU: Insights and Risks

Explore the role of SAIs in auditing the EU's financial measures post-crisis. Gain insight into spending cuts, risks faced by public finances, credit crisis measures, and the specific role of SAIs in EU activities.

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Auditing Financial Crisis Recovery in the EU: Insights and Risks

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  1. Auditing the Financial Crisis Kees Vendrik, vice president NCA 1

  2. Scope and Stage: the Focus of SAIs • EU as an institution and EU measures serve as context ànd object of activities • Wide range of SAI activities; not only audits but also enhanced monitoring and websites (creating insight/overview) • (National) financial stability and fiscal sustainability are key 1

  3. Scope & Stage: Different Aspects 1

  4. Insight in spending cuts: measures taken >hierkomt de tekst >hierkomt de tekst >hierkomt de tekst 2

  5. Insight in spending cuts: budget and effects 2

  6. What risks do public finances face? (1) > hier komt de tekst > hier komt de tekst > hier komt de tekst 3

  7. What risks do public finances face? (2) > hier komt de tekst > hier komt de tekst > hier komt de tekst 2

  8. Credit crisis: what measures have been taken? > hier komt de tekst > hier komt de tekst > hier komt de tekst 2

  9. Andnowour more specific EU activities:

  10. Role of SAI’s? • Providing information for good decision making • Role upfront, to secure accountability arrangements • Visualisation! 2

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