ECOVIS - System Rewident

Audit

The audits of EU projects carried out taking into account the existing legislation of the European Union and Poland in terms of rules for the use, control, monitoring and auditing of pre-accession funds, structural and cohesion funds in accordance with:

• standards of practice of the auditor established by the National Council of Chartered Accountants,
• International Standards on Auditing issued by IFAC,
• International Auditing Standards IIA,
• guidelines for audit and financial control in the various aid programs, issued by the European Union institutions and national institutions.

Scope of Audit shall, in consultation with the principal. Depending on the purpose of focusing on the following areas:

• Review performance management systems and internal control, with particular emphasis on monitoring the project and the expenditure of funds,
• analysis and assessment of risks associated with the implementation of the project,
• study of the project for compliance with the contract and program guidelines and the laws,
• an assessment of the application of public procurement procedures,
• verify compliance with a description of actions taken and the project schedule and financial rem,
• assessment of achievement of the targets of physical and financial project, the (direct and indirect effects and long-term),
• testing and assessment of the accounting system, a system of reporting and reporting of the project, including detailed assessment of the correctness of preparation of the implementation of the project,
• analysis of the validity of the documentation of incurred expenses,
• Review of expenditure in terms of their eligibility,
• Review rules on the use of information and promotion;

Testing procedures are particularly suited to the specifics of the fund and the use of EU funds, the nature of the project, the stage of the project, the existence of the internal audit function and the requirements of specific contracts for audit of projects financed from EU funds.

At the end of meeting summary execution of the audit will be discussed and presented the results of our work. In the event of a discrepancy between the assessment of the auditor and auditee, as appropriate, additional steps will be taken before the investigation of the final report. The audit results for the evaluation of test accuracy and reliability of the financial statements are the opinion of the auditor and the supplemental report from the audit project. In the final report in a clear, honest and concise present findings and conclusions made in the course of the audit project.