The Financial and Compliance Audit Manual (FCAM) has been written to help the Court's auditors produce high-quality financial and compliance audits. It sets out the principles underlying the Court's approach to such audits and the procedures to be employed.
The aim is to help auditors conduct financial and compliance audits in an economic, efficient and effective manner.
The FCAM presents the audit principles contained in the International Auditing Standards which are relevant to the Court’s audit, together with guidance as to how these principles are to be applied in the Court’s Statement of Assurance (DAS) and other financial and compliance audits. The manual is in turn supported by practical guidance, such as checklists, instructions, detailed methods, and by the Court's electronic audit support system.
The manual should be read together with the Court Audit Policies and Standards (CAPS) which set out a number of important principles of application for the Court’s audits.
At present the Financial and Compliance Audit Manual is only available in English.
European Court of Auditors 12, rue Alcide De Gasperi 1615 LUXEMBOURG Tel. : +352 4398-1 eca-info@eca.europa.eu
