THE AUDIT OF FINANCIAL STATEMENTS PREPARED BY THE BENEFICIARIES OF EU GRANT

Danut Rada; Doina Rada

doi:10.29358/sceco.v0i18.200

THE AUDIT OF FINANCIAL STATEMENTS PREPARED BY THE BENEFICIARIES OF EU GRANT

Authors

Danut Rada Drăgan European University Of Lugoj
Doina Rada ”Eftimie Murgu” University of Resita

DOI:

https://doi.org/10.29358/sceco.v0i18.200

Keywords:

patrimonial entities, grants, European Union, audit, financial statements

Abstract

The patrimonial economic entities - public institutions or economic agents, beneficiaries of EU grants, are required to maintain separate accounts situations of the use of these financial resources and also to prepare financial statements in which to be reflected the fees occurred by implementing of projects. The audit of these financial statements is specific and is based on the provisions of international audit standards ISRS 4400 “international standard for related services” and ISAE 3000 “international standard for certification measures”. In some cases, considering the request of the audit beneficiary, can be applied the provisions of ISA 800, International Audit Standard “Special Considerations-Audit of financial statements prepared in accordance with special purpose frameworks”.

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Published

15.12.2013

Issue

No. 18 (2013)

Section

Articles

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How to Cite

Rada, D., & Rada, D. (2013). THE AUDIT OF FINANCIAL STATEMENTS PREPARED BY THE BENEFICIARIES OF EU GRANT. Studies and Scientific Researches. Economics Edition, 18. https://doi.org/10.29358/sceco.v0i18.200