PURPOSE: presentation of the EU Court of Auditors report on the annual accounts of the European Training Foundation (ETF) for the financial year 2015, together with the Foundations reply.
CONTENT: in accordance with the tasks conferred on the Court of Auditors by the Treaty on the Functioning of the European Union, the Court presents to the European Parliament and to the Council, in the context of the discharge procedure, a Statement of Assurance as to the reliability of the annual accounts of each institution, body or agency of the EU, and the legality and regularity of the transactions underlying them, on the basis of an independent external audit.
This audit concerned, amongst others, the annual accounts of the European Training Foundation (ETF). The Foundations task is to support the reform of vocational training in the European Unions partner countries.
Statement of assurance: pursuant to the provisions of Article 287 of the Treaty on the Functioning of the European Union (TFEU), the Court has audited:
Opinion on the reliability of the accounts: in the Courts opinion, the Foundations annual accounts present fairly, in all material respects, its financial position as at 31 December 2015 and the results of its operations and its cash flows for the year then ended, in accordance with the provisions of its Financial Regulation and the accounting rules adopted by the Commissions accounting officer.
Opinion on the legality and regularity of the transactions underlying the accounts: in the Courts opinion, the transactions underlying the annual accounts for the year ended 31 December 2015 are legal and regular in all material respects.
The report did not make any particular comments on the budgetary management of the Foundation.
Lastly, the Court of Auditors report contains a summary of the Foundations key figures in 2015: