European Court of Auditors

 

Financial watchdog

The European Court of Auditors was established to oversee the finances of the European Union. It began its work in 1977, and was raised to the status of a separate institution of the European Union in 1993.

Its mission lies in contributing to improving the EU’s financial management, working to strengthen the requirement for accountability, promoting transparency and playing the role of independent watchdog overseeing the financial interests of EU citizens. The role of the Court, in its capacity as independent external auditor of the EU, is to verify that EU funds are correctly accounted for and collected, and that expenditures are made in compliance with the rules, taking account of the need to optimise the use of resources.

The buildings of the Court of Auditors are a typical example of the revision of the urban landscape on the Kirchberg. The parent building was constructed in the centre of its plot in 1988, to plans drawn up by the Brussels architect Paul Noël. Obeying the new Kirchberg Fund rules, which aim at achieving a greater density in buildings, the first extension (Atelier d’architecture et de design Jim Clemes) is built facing onto the street, on Rue Erasme. The second extension, a wing oriented square-on to the first, is similarly the work of Jim Clemes.

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