Auditing

Each project that is approved by the Northern Periphery Programme has to fulfil specific auditing requirements. Guidelines were recently published by the Managaing and Paying Authority of the Programme regarding the requirement for system audits of NPP projects.

As outlined in the grant offer documents, it is the Lead Partner's responsibility to ensure that the entire project is audited, in accordance with the requirements outlined below:

1) Projects that send ledgers with each claim are to be audited twice during the project period:
a) a system audit should take place approximately one year after the start date of the project
b) after the project is finished, a financial final audit should be made covering all expenditure and revenues of the entire project

2) Projects that do not send ledgers with each claim are to be audited as follows:
a) an auditor's certificate should be sent annually, covering the expenditure and revenues of that year
b) a system audit should take place approximately one year after the starting date of the project
c) after the project is finished, a financial final audit should be made covering all expenditure and revenues of the entire project

Further information on the purpose and method for carrying out a system audit can be found in the System Audit Guidelines, which can be downloaded here.

Please also note that the Commission, Paying Authority and Joint Programme Secretariat will perform on-the-spot checks and sample checks of projects funded by the European Structural Funds.

European Union

Cross Programme Initiatives