European Commission Audit

All accounting documents, invoices etc. for an EU project must be retained by the partners for up to 2 years after the final payment, as until this time financial and technical audits may be undertaken by the Commission.

Possible consequences of a negative audit assessment include:

  • Adjustment of deliverables
  • Reclamation of grants
  • Exclusion of beneficiaries
  • Payment of fines

Last Modification: 21.06.2022 - Contact Person: Webmaster