Audit Support
Audited by the European Commission?
Raphael de Vivans, CEO
The Common Audit Service (CAS) from the DG RTD carries out around 800 audits per year: 20% are carried out by auditors employed by the European Commission and 80% are subcontracted by external audit firms (Deloitte, EY, KPMG…).
EFMC can support you during each phase of the audit:
- Phase 1: Preparation of the audit: We will help you to prepare all the documentation, verify that you are providing all information in the manner the auditors. This is the most important phase as the way you are going to submit the preliminary information will indicate the auditor on your level of preparedness and professionalism.
- Phase 2: Audit on the spot, we will assist you during the whole duration of the audit, help you to provide the information and verify that auditors are not going beyond their prerogatives. The psychological aspect shall never be underestimated.
- Phase 3: Objection after Preliminary/Draft Audit Report (DAR) or/and the Final Audit Report (FAR). Findings are sometimes incorrect. We will support you to write the objection letters. We can also help you in the implementation of the extrapolation procedure.
An audit carried out by the European Commission is as serious as a tax control. We strongly recommend you to contact us as soon as you receive the Letter of Announcement.