Annual Report on the EU 2018 Budget

European Court of Auditors published Annual Report on the European Union 2018 Budget

Key findings from the report;

• EU accounts present a true and fair view of the EU’s financial position.

• Since the EU revenue audited was not materially affected by error, a clean opinion was given on the regularity of the revenue side of the budget.

• A qualified opinion on the regularity of the transactions underlying the 2018 accounts was given, meaning that the errors identified through audit work were not pervasive and therefore do not misrepresent the actual financial position of the EU.

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