EU FINANCIAL REGULATION
November 1st, 2001
Keith NuthallACCOUNTING procedures within the European Commission are to be speeded up and made tougher, with ministers and MEP's being asked to approve a new package of reforms to Brussels 'Financial Regulation.'This is the rule-book that governs the Commission's accounting practices, and which has been under review since 1999.In its latest formal proposals for change, the Commission has suggested:*Establishing a formal deadline of March 31 for the presentation of annual accounts, compared with May 1, at present. The idea is to allow EU watchdog, the Court of ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.