This Commission staff working document concerns the internal audit engagements finalised by the IAS in 2016.
It contains the objective and scope, key findings and the critical and very important recommendations of the IAS engagements which were part of the 2016 IAS audit plan (cut-off date for the exercise: 31 January 2017).
The information contained in this document reflects the state of play when the audit engagements were finalised.
The document contains a summary of the IAS follow-up engagements in the period from 1 February 2016 to 31 January 2017 and provides a summarised overview of the 18 long overdue very important recommendations as at 31 January 2017.
For in-depth details on the audits and the follow-ups, please refer to the working document.