Are you sure?

Weidlich: EU satisfied with audit system

The EU has a favorable opinion about the Hungarian public finances audit system, finance ministry commissioner in charge of audits said yesterday. Prior to Hungary's EU accession last year, there had been shortcomings in this area, but since then the financial audit system implemented for all four sub-systems of public finances has been approved by the EU, Edit Weidlich said, and added that this was necessary for Hungary to be able to utilize EU funding. Currently there is a shortage of well-trained auditors, and internal audit must be further strengthened in various institutions, Weidlich said. (MTI; Nv 5)