Embed Size (px)
Citation preview
EU Pillars Assessments
Become eligible for EU budget implementation under the indirect management mode
What is a Pillars Assessment
Based on the EU Financial Regulations, the European Commission can decide to entrust government bodies and international organisations to carry out budget implementation tasks as a special form of cooperation. Before entering into this cooperation in so-called indirect management mode, organisations must ‘pass’ an assessment of key processes by an independent auditor. The assessment of these processes aims to provide assurance to the Commission that an organisation has the capacity to manage EU funds on their behalf.
While the first three pillars are mandatory, the assessment may cover up to seven pillars.
The results of the assessment are then summarised in an assessment report which concludes on the organisation’s compliance with requirements for each applicable pillar. The European Commission will use the independent auditor’s assessment report to decide whether to enter (or not) into indirect management with an organisation.
Assessment of the Organisation
Pillar 1: Internal Control
Pillar 2: Accounting
Pillar 3: External Audit
Pillar 4: Grants
Pillar 5: Procurement
Pillar 6: Financial Instruments
Pillar 7: Sub-delegation
How we can help youAt EY, we offer you the following assistance:
Full-fledged compliance assessment
As part of the small list of accredited independent auditors selected by the European Commission’s DG for International Cooperation and Development (DevCo), EY can perform fully the obligatory Pillars Assessment. We will apply the assessment methodology approved by the European Commission and provide you with the report needed for the Commission’s decision on the eligibility of your organisation. This assessment report will contain a description of findings and recommendations, a conclusion for each pillar and a roadmap for improvements in key areas.
Gap analysis
Prepare for an assessment of indirect management cooperation with the European Commission. Our gap analysis will help you identify the non-compliant areas of each pillar. It will point out existing weaknesses and propose a roadmap with immediate remedial actions. It will allow you to identify and perform the needed improvements in advance, before you undergo the Pillars Assessment. In short, our guidance will help you reach the level of maturity for each pillar before you are at risk of being non-compliant.
Best value for money
Extensive technical knowledge of
the assessment methodology
Outstanding experience in performing institutional compliance
assessments
Deep understanding
of organisations’ needs in the
context of EU funding
Specialised, experienced team
of enthusiastic employees
Unique position as a global leader
Quick improvements
You might be aware of certain weaknesses in your internal procedures, we can help you improve your processes, manuals and general guidelines in specific fields. This support is particularly relevant in those areas where EU requirements can be considered very specific or demanding, for example regarding procurement, grants management, or the collaboration with third parties (so-called sub-delegatees). Our help may consist of revising key documents such as manuals, internal guidelines or other process documents which will be subject to the assessment.
Why EY• Our extensive technical knowledge of the assessment methodology is unique: we assisted
the DG DevCo in the development of the questionnaire which has been the basis for the EU institutional compliance assessments for many years. Most recently, we also advised the Commission on the revision of their approach.
• Our experience in performing institutional compliance assessments is outstanding: In the past few years we performed more than 70 institutional compliance assessments for the European Commission. We assessed different types of public bodies across the globe.
• A deep understanding of organisations’ needs in the context of EU funding: Through our work for the European Commission, we have gained a profound understanding of how organisations meet requirements for the management of EU funds. This enables us to provide you with guidance on best practices and to support you in benchmarking your organisation regarding seven pillars.
• An EU Pillars Assessment specialised, experienced team of enthusiastic employees enables us to offer you a dynamic, flexible service - making sure that you receive a deliverable of highest quality. Our multidisciplinary and multilingual team is dedicated to working with public sector organisations and experienced in all the technical areas subject to the assessment.
• EY’s unique position as a global leader in the field of assurance, tax, transactions and advisory assures you that our services are performed on the basis of extensive technical expertise and in full compliance of international professional standards.
Your contact points
• Danielle VermaelenPartner
[email protected]+32 (0)2.774.95.35
• Claudia ReppSenior Manager
[email protected]+32 (0)2.774.96.76
EYAssurance | Tax | Transactions | Advisory
About EYEY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization and/or one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
For more information about our organization, please visit ey.com.
© 2015 EYGM Limited.All Rights Reserved.
ey.com/be
