Management Verifications and Closure 2014-20

The 2014-20 framework of rules and regulations intended to elevate programme management from the “financial” form to a richer “performance” management style. As a reflection of this, controls and audits were meant to shift away from mere financial and output checks, towards a more results-based measurement of success. But how much of this has really happened in our verifications and certifications so far? Are programme and project managers really focused on making sure money is spent on what really matters?

Besides, 2023 is critical. The 2014-20 Programmes are ending and, at the same time, Managing Authorities and Intermediate Bodies are rolling out the first calls for proposals under the newly approved 2021-27 Programmes. Let’s discuss what is needed for a successful Closure to 2014-20, particularly in relation to the verification and auditing tasks required, how to treat irregularities and what to consider to ensure full absorption of the Funds.

Management Verifications and Closure 2014-20 delivers a detailed insight into salient matters in the first level of control. We discuss Closure 2014-20 and the opportunities it presents, the current risks we must be aware of, the errors which still prevail, the controls which are working and those which are not, the state of public procurement and anti-fraud measures, the simplification measures, financial instruments and the monitoring of indicators, amongst other.