On 30 April, the Flemish Government decided on the Flemish component of the European Recovery Fund (Recovery and Resilience Facility – RRF).
The government decided that Flanders Audit Authority could implement the proposed audit strategy, for which additional staff and operating resources will be provided.
The memorandum (in Dutch) can be found here.
Within the framework of the Recovery and Resilience Facility (RRF), the core tasks of Flanders Audit Authority are:
- Assessment of the submitted projects;
- Assessment and follow-up of the internal management and control system;
- Audits of projects;
- Assessment of the accuracy and reliability of reported milestones and targets;
- Verification of the management declaration and summary of audits, as well as providing an audit opinion.
The reporting is communicated to the Minister of Finance and Budget and the project management office (monitoring tool recovery plan) to ensure the conformity of the data.
In its audits FAA will check if:
- the agreed targets and corresponding milestones have actually been achieved;
- the underlying actions are free from substantial irregularities;
- actions are not influenced by double financing.