Main page
 
Press Release
28/05/2020   2019 Annual Activity Report of the European Court of Auditors presented at the National Audit Office of Lithuania and experience on COVID-19 crisis response shared

In a webinar on Thursday Rimantas Šadžius, Member of the European Court of Auditors (ECA) presented to the staff of the National Audit Office of Lithuania (NAOL) the 2019 Annual Activity Report of the ECA, shared the ECA activities and amendments in the work programme in response to the COVID-19 crisis. This event was also the first remote meeting between the new Auditor General Mindaugas Macijauskas and Rimantas Šadžius.

Mr Šadžius pointed out that due to COVID-19 pandemic both the Member States and the European Union face an unprecedented challenge to public health and economy, therefore, all institutions have to focus their capabilities on improvement of financial management and ensuring the added-value of the funds spent.

As a form of operational assistance by the ECA to legislators in response to COVID-19 crisis, the ECA’s opinion issued to the European Parliament on amending EU Regulation for the European Structural and Investments Funds’ use in response to the COVID-19 outbreak was also presented at the webinar.

The ECA Member introduced the planned ECA activities in the changed environment: digitalisation of audit processes and transferring them to electronic environment, a potential adaptation of the latest technologies ensuring more rapid reliable audit results and increasing audit scope.

“More efficient audit process with the help of the latest information technologies and advanced technological solutions while maintaining high quality requirements is one of the key priorities of the NAOL. We can see that the ECA has some smart initiatives that we could also assess and initiate in our institution,” said the Auditor General Mindaugas Macijauskas.

The ECA is an independent external auditor for auditing the EU’s finances and acting as a guardian of the financial interests of the EU citizens. The ECA contributes to improving EU financial management, promotes accountability and transparency. The ECA checks if the EU budget has been implemented correctly, and that EU funds have been raised and spent legally and in accordance with the principles of sound financial management. As Europe faces ever greater challenges and increasing pressure on its public finances, the ECA’s role increases in importance.


2019 Annual Activity Report of the European Court of Auditors

 

Responsible for the information Communication Division
Last updated on 16 September 2020

National Audit Office of Lithuania

Pamėnkalnio St 27, LT-01113 Vilnius, Phone: + 370 5 266 6793, + 370 5 266 6752, Email: nao@vkontrole.lt.