Resources for Sarbanes-Oxley (SOX)

Compliance with laws and regulations in the public sector - FEE paper

www.eubusiness.com

Compliance with laws and regulations in the public sector generally has a broader scope than in the private sector. Public entities are often required to use their funds in a manner specified by law or regulations, and auditors may be asked to form an opinion on the public sector entity's compliance with those regulations. The profession is also becoming increasingly involved in the examination of the use of European funds, and private sector accountancy firms are becoming more widely employed on assurance engagements covering funds which are subject to public sector regulations.

FEE has been working in conjunction with the European Commission and the profession to find a way forward enabling the Commission to conclude on compliance with the conditions of grants made under the seventh research framework programme (FP7). The paper reflects the progress achieved in this respect.

View the Resource

Share or bookmarklet this web page at: