SESAR Joint Undertaking receives clean bill of health from European Court of Auditors
The European Court of Auditors has signed off on the 2017 accounts of the SESAR Joint Undertaking, along with seven other Joint Undertakings. The Court confirmed that the accounts of the SJU present fairly its financial position and results of its operations and that revenue and payments underlying the accounts were legal and regular.
In publishing the reports, the Court underlined the added value that Joint Undertakings bring to European innovation and competitiveness:
“Joint undertakings are important vehicles for cutting-edge research and innovation in the EU, as they seek to help ensure the global competitiveness of the European industry,” said Ildiko Gall-Pelcz, the Member of the European Court of Auditors responsible for the audit. “Our audit for 2017 confirmed the positive results reported in previous years. However, we highlight some matters requiring further attention and indicate areas for improvement related to budgetary and financial management, internal controls, leverage of industry and research partners’ contributions, as well as the European Commission’s evaluations”.