Having examined the revenue and expenditure accounts
for the financial year 2011 and the balance sheet at 31 December
2011 of the European Foundation for the Improvement of Living and
Working Conditions, as well as the Court of Auditors' report on the
annual accounts of the Foundation for the financial year 2011,
accompanied by the Foundation's replies to the Court's
observations, the Council recommends the European Parliament to
give a discharge to the Director of the Foundation in respect of
the implementation of the budget for the financial year
2011.
The observations in the Court of Auditors' report in
relation to the financial year 2011 call for some comments by the
Council, which may be summarised as follows:
- the Council welcomes the Court's opinion that, in all
material respects, the Foundation's annual accounts present fairly
its financial position as at 31 December 2011 and the results of
its operations and its cash flows for the year then ended, in
accordance with the provisions of the Foundation's Financial
Regulation, and that the underlying transactions for that financial
year are legal and regular;
- the Council urges the Foundation to improve its
financial programming and its monitoring of the budget
implementation in order to reduce the amounts carried over to
the next financial year, in line with the budgetary principle
of annuality;
- the Council encourages the Foundation to pursue its
efforts to address the shortcomings detected by the Court in its
staff recruitment procedures.