Details
- Part of collection
- Publication date
- 8 June 2021
- Related department
- Directorate-General for Budget
Description
The financial regulation (Art.247) requires the Commission to communicate to the European Parliament and the Council a set of financial and accountability reports, which constitute essential input for the annual “discharge procedure”, through which the European Parliament and the Council hold the Commission accountable for the way it manages the EU budget.
The Integrated Financial and Accountability Reporting package consists of five reports on the implementation, performance, results, management and protection of the EU budget.
Documents
Summary of the reports of the IFAR package and its key messages, and the main features of the EU budget.
Annual management and performance report 2020
Consolidated annual accounts of the European Union and financial statement for 2020.
The Commission reports on how it proceeded with the requests made by the Parliament and the Council during the discharge procedure.
Synthesis of the recommendations made by the Internal Audit Service and the actions taken on those recommendations.
Provides the payments and revenue forecast covering the next seven years, based on the Multiannual Financial Framework.